Fed’s Kashkari advocates two more rate cuts this year as he sees limited tariff impact on inflation

Fed’s Kashkari advocates two more rate cuts this year as he sees limited tariff impact on inflation


Key Points
  • Minneapolis Fed President Neel Kashkari said Friday that he expects tariffs to expert minimum long-term pressure on inflation, leaving room for multiple interest rate reductions ahead.
  • Kashkari said a weakening labor market combined with the muted impact of the duties give him reason to advocate for at least a bit easier policy.



Source

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