According to ChainCatcher news, Jin10 reported that Fed official Kashkari stated that economic resilience indicates that interest rate cuts should be paused in October. Data shows that the economic situation has remained stable since the October meeting. He does not have a strong inclination towards interest rate cuts in December.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Fed's Kashkari: Economic resilience suggests a pause in rate cuts in October.
According to ChainCatcher news, Jin10 reported that Fed official Kashkari stated that economic resilience indicates that interest rate cuts should be paused in October. Data shows that the economic situation has remained stable since the October meeting. He does not have a strong inclination towards interest rate cuts in December.