Fed's Kashkari: December Rate Cut Remains on Track, Only Inflation Could Change That

In a recent address, Neel Kashkari, the President of the Federal Reserve Bank of Minneapolis, expressed a cautiously optimistic outlook regarding the potential for an interest rate cut in December. Kashkari emphasized that the continuation of this agenda hinges primarily on inflationary pressures, indicating that unless there is a significant and unexpected rise in inflation, the Federal Reserve is likely to proceed with its planned cut.

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