Fed's Kashkari: May have to wait until 2025 to cut rates
Inflation in the U.S. housing market surprises me; once inflation continues to fall back toward 2%, we can cut rates; need to be patient until inflation falls; probably won't be able to cut rates until 2025; as political heat rises, the Fed is more focused on its own mission.
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.
You may also like
Dow Jones futures rise as lower crude oil prices improve market sentiment
Market Chatter: Taiwan Semiconductor to Build Tech Validation Lab, Training Center in Kaohsiung
Market Chatter: Apollo Global Management Nears $2.6 Billion Deal for New York Yankees Stake
nVent Electric declares quarterly dividend of $0.21 per share
Crypto prices
More
