Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday that during the Fed’s meeting last month, he pencilled in two interest rate cuts this year, but if inflation remains low, none may be necessary this year.
Extra Quotes
“I don't see any reason why when we cut federal funds rate we can't continue with our balance sheet plan.”
“I expect to see more mergers in banking sector”.
“In March I jotted down two rate cuts for this year.”
“But if inflation continues to move sideways, makes me wonder if we should cut rates at all this year.”
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
Hot
No comment on record. Start new comment.