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    • Fed’s Kashkari sees two more 2025 cuts given hiring slowdown

      Fed officials lowered interest rates by a quarter percentage point — the first cut since December — at their policy meeting Wednesday, citing the need to support a more fragile job market.

    • World Street | Dollar rallies on Trump’s tariff plans, Kashkari's hint at December rate cut, and more

      From Trump’s tariff announcement sending the dollar soaring to oil prices dipping on a potential Hezbollah-Israel ceasefire, here's a look at some of the major developments from across the world.

    • It’s reasonable to consider rate cut next month, says Fed’s Neel Kashkari

      Policymakers have lowered interest rates by three quarters of a percentage point in recent months, including a larger-than-usual half-point cut in September.

    • Fed's Neel Kashkari sees two rate cuts at most this year

      The median forecast of his colleagues in December was three rate cuts this year, which would take the Fed policy rate to a range of 4.5%-4.75%, from its current 5.25%-5.5% range.

    • Fed's Kashkari says his biggest fear is inflation will be more persistent

      Kashkari is already the most hawkish of all the central bank's 19 policymakers and expects the Fed to need to lift its policy rate, now at 2.25 per cent-2.5 per cent.

    • Fed's Kashkari: More rate hikes ahead, and possible recession

      Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he is sticking to his view that the U.S. central bank will need to raise its policy rate another 1.5 percentage points this year and more in 2023, even if that causes a recession.

    • Fed's Neel Kashkari says many US sectors struggling to adjust to reopening

      “Basically, what’s happening is the U.S. economy went through a very abrupt shutdown a year ago,” Kashkari told NPR in an interview published on Saturday

    • Fed's Neel Kashkari says no US rate hike was right move

      "That to me suggests we have time before we need to adjust rates," Minneapolis Fed President Neel Kashkari told reporters after a symposium on banking regulation at his bank's headquarters.

    • QEs 'are like morphine': Former Treasury Official

      A third round of quantitative easing from the Federal Reserve would be good for stocks but not real growth, former Assistant Treasury Secretary Neel Kashkari told CNBC on Wednesday.

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