Fed president expecting smaller cuts after half-point reduction
By The Hill | Created at 2024-09-23 16:52:29 | Updated at 2024-09-30 11:37:29
6 days ago
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, on Monday said that consumers can expect smaller interest rate cuts after last week’s significant half-point reduction. “I was comfortable taking a larger first step, and then as we go forward, I expect, on balance, we will probably take smaller steps unless the data changes…
