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.

Source

Finance

Software stocks enter bear market on AI disruption fear with ServiceNow plunging 11% Thursday

January 29, 2026

In this article ASUR Follow your favorite stocksCREATE FREE ACCOUNT ServiceNow Inc. signage during the Nvidia GPU Technology Conference in San Jose, California, on March 20, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks on Thursday slid deeper into an ongoing intense sell-off this year as investors recoiled from the sector on […]

Finance

‘Climate of fear’: ICE violence in Minnesota forces CEOs to weigh the risks of speaking out against Trump

January 29, 2026

Key Points Corporate leaders broke their near year of silence on President Donald Trump’s policies after the fatal shooting of Alex Pretti by federal immigration agents in Minneapolis. Yet it’s clear business leaders are treading carefully as they face possible retribution from the White House or risk backlash from a divided American public. “They don’t […]

Finance

Stocks making the biggest moves premarket: Meta, Caterpillar, IBM, Royal Caribbean & more

January 29, 2026

Check out the companies making the biggest moves in premarket trading: Meta Platforms — Shares jumped 9%. The social media giant called for first-quarter sales to range from $53.5 billion to $56.5 billion, topping the analysts’ consensus call for $51.41 billion. Fourth-quarter earnings came in at $8.88 per share on revenue of $59.89 billion, while […]