Kashkari Urges Caution on Rate Cuts, Emphasizes Data-Driven Strategy to Control Inflation
Neel Kashkari, president of the Minneapolis Federal Reserve Bank, has urged caution regarding potential interest rate cuts. In a recent interview, Kashkari emphasized that the Federal Reserve is likely to wait until December before making any adjustments, focusing on a data-driven approach to ensure inflation is on a downward path. “We need to see more…