Here's your summary from Fed's Kashkari Says He Won't Rule Out Rate Hikes (https://www.youtube.com/watch?v=K2ie1BWINj0) on the Bloomberg Television channel:

**TLDR:** Fed's Kashkari does not rule out potential interest rate increases but emphasizes the need to wait for more data on inflation before making a decision.

1. The Federal Reserve FOMC's expectation is for rate cuts to come as they approach their 2% inflation target.

2. Most colleagues have suggested pausing on rate cuts to gather more data on inflation before making a decision.

3. Kashkari believes sitting at the current interest rate for an extended period is more likely, but potential rate increases are not ruled out.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

Reply to this note

Please Login to reply.

Discussion

No replies yet.