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Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, told the Wall Street Journal (WSJ) that he would consider lowering interest rates at the central bankâs upcoming meeting, given the increasing likelihood of a significant weakening in the labor market.
âThe balance of risks has shifted, so the debate about potentially cutting rates in September is an appropriate one to have,â Kashkari said in an interview with the WSJ.
Kashkariâs remarks represent a shift ...
>>> Read more: Fed's Kashkari says it is appropriate to debate Sept rate cut: WSJ
âThe balance of risks has shifted, so the debate about potentially cutting rates in September is an appropriate one to have,â Kashkari said in an interview with the WSJ.
Kashkariâs remarks represent a shift ...
>>> Read more: Fed's Kashkari says it is appropriate to debate Sept rate cut: WSJ
