Minneapolis Fed’s Kashkari indicates interest rates don’t need to be cut much more

Minneapolis Fed’s Kashkari indicates interest rates don’t need to be cut much more


Key Points
  • Minneapolis Fed President Neel Kashkari told CNBC on Monday that he thinks the central bank is close to the point where it should stop lowering interest rates.
  • “My guess is we’re pretty close to neutral right now,” Kashkari said.
  • Calibrating neutral is critical for Fed policymakers as they decide whether to continue the streak of three consecutive rate cuts implemented in the latter part of 2026.



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