Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead


Key Points
  • Minneapolis Fed President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate cuts after last week’s half percentage point reduction.
  • Speaking separately Monday morning, Atlanta Fed President Raphael Bostic indicated he expects the Fed to move aggressively in getting back to a neutral rate.



Source

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