"Federal Reserve Official Questions Need for Rate Cuts Amidst Stalled Inflation"
TL;DR Summary
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, suggested that interest-rate cuts may not be necessary this year if inflation remains stable and the economy continues to perform well, indicating a potential shift in the Fed's monetary policy approach.
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- 'Sideways' inflation threatens US rate cut forecasts: Fed official The Australian Financial Review
- Fed's Goolsbee: Jotted Down Two Rate Cuts This Year; But If Inflation Continues To Move Sideways, Wonder If We Should Cut Rates At All Forex Factory
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