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Federal Reserve Kashkari: Strong economy may mean fewer rate cuts

Federal Reserve Kashkari: Strong economy may mean fewer rate cuts

Bitget2024/11/09 16:30
BTC-0.05%

On November 10, Neil Kashkari, the president of the Federal Reserve Bank of Minneapolis, said in a media interview on Saturday that this matter (interest rate cut) really doesn't depend too much on short-term plans between Congress and the new government - it's actually about productivity and economic growth. If such growth can continue, our economy becomes more efficient structurally, then this tells me we may not cut interest rates as much.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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