Kashkari told CNBC on Monday he's open to holding off on another rate hike, but cautioned against reading too much into a pause.
Minneapolis Fed President Neel Kashkari on CNBC on Monday cautioned against reading too much into a June pause in the current rate-hiking cycle.
Minneapolis Fed President Neel Kashkari on Tuesday reiterated the central bank's commitment to bringing inflation under control through monetary policy tightening, and said his biggest fear is that the persistence of price pressures is underestimated.Minneapolis Federal Reserve President Neel Kashkari on Monday said he's open to holding off on another interest rate hike next month, but cautioned against reading too much into a pause.
Markets currently are putting about an 83% probability that the rate-setting Federal Open Market Committee holds off on what would be an 11th consecutive increase when it convenes June 13-14, according to theBeyond that, traders see the Fed likely cutting about half a percentage point off rates before the end of the year, a nod towardCentral bank officials have been unified in saying they don't expect cuts this year.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fed's Kashkari says he's open to a pause in rate hikes in JuneMinneapolis Fed President Neel Kashkari says he's open to pausing rate hikes at the Fed's next meeting in order to buy time to assess the inflation outlook...
Leer más »
Fed's Kashkari: Close call on June meeting whether to raise or pauseIn an interview with CNBC on Monday, Minneapolis Federal Reserve President Neel Kashkari said that it was a close call on whether he will be in favor
Leer más »
Minneapolis Fed chief Kashkari open to pause in interest-rate hikes amid inflation fight'I would object to any kind of declaration that we’re done. If the committee chooses to skip a meeting because we want to get more information, I could make the argument why that makes sense.'
Leer más »
WSJ News Exclusive | Fed Official Is Open to Foregoing June Rate HikeMinneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting to give officials more time to assess the effects of past rate increases and the inflation outlook.
Leer más »
Crypto is causing more problems in divorces, attorneys say: CNBCInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
CNBC Daily Open: Debt ceiling detours and divisivenessThe good news: Biden will meet McCarthy in person later today to discuss the debt ceiling. The bad: There’s no telling how the talks will proceed.
Leer más »