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    HomeNewsOpinionFed official says interest rates should stay on hold for ‘extended’ time

    Fed official says interest rates should stay on hold for ‘extended’ time

    Neel Kashkari warns cutting too early could risk US economic prosperity

    Financial Times
    ©The Financial Times Limited 2020 Jun 3, 2024 / 12:10 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    Fed official says interest rates should stay on hold for ‘extended’ time

    The Federal Reserve is expected to keep rates on hold at a 23-year high range of 5.25 to 5.5 per cent.

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