Federal reserve president says rate cuts may not come in 2024 - Fox Business

Minneapolis Fed President Neel Kashkari said that interest rates may remain elevated for an "extended period" this year until policymakers see more evidence of inflation declining.

By: Fox Business

May 09 2024
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Minneapolis Federal Reserve President Neel Kashkari said Tuesday that the central bank will need to hold interest rates steady for an "extended period" that may last through the rest of the year. … [+2653 chars]

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