Minneapolis Fed President Cautious on Rate Cuts, Sees Elevated Rates Through 2024 from ca 125 level 20 Watch Video
Preview(s): Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
Your browser does not support playing the video.Please download the video!
⏲ Duration: 0:46 👁 View: 410K times ✓ Published: 09-May-2024
Description: Minneapolis Federal Reserve President Neel Kashkari said interest rates may need to remain elevated through 2024 for the Fed to see that inflation is firmly declining. Kashkari wants to see multiple reports of progress on reducing inflation before supporting rate cuts, noting he would need positive inflation readings and weaker job growth data showing disinflation is on track. He said the bar for rate cuts is \