Minneapolis 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...
Minneapolis 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 and the effects of more than a year of rate increases.
But... Minneapolis 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 and the effects of more than a year of rate increases. Kashkari said that while inflation is not falling as much as the Fed had hoped, “it is at least not getting worse.”
Fed officials have floated the idea of a “skip” when they meet in June, and Powell has said no decision has yet been made.
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