'what's The Rush' On Interest Rate Hikes, Asks Fed's Kashkari

(Reuters) - With inflation low and wages showing little sign of an upward surge, the U.S. Federal Reserve should not be raising interest rates, Minneapolis Fed President Neel Kashkari said on Tuesday.

BING NEWS:
  • Fed officials cast more doubt on the timing of rate cuts this year
    Powell warned earlier this week that rate cuts could be delayed, with his colleagues echoing that in comments on Wednesday.
    04/18/2024 - 3:47 am | View Link
  • Are Fed Rate Hikes Behind the US Economic Boom?
    As the US economy hums along month after month, year after year, minting hundreds of thousands of new jobs and further embarrassing a long line of experts repeatedly proven wrong on recession calls, ...
    04/16/2024 - 11:09 am | View Link
  • Elevated inflation will likely delay interest rate cuts this year, warns Federal Reserve Chair Powell
    "Recent data have clearly not given us greater confidence" that inflation is coming fully under control and "instead indicate that it's likely to take longer than expected to achieve that confidence," ...
    04/16/2024 - 8:52 am | View Link
  • Fed's Powell: Elevated inflation will likely delay rate cuts this year
    Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of ...
    04/16/2024 - 7:04 am | View Link
  • Fed's rate-cut confidence wobbles as elevated inflation persists
    As Federal Reserve officials last year started steering the world towards possible interest rate cuts in 2024, they took heart in data showing inflation over many months had collapsed to the U.S.
    04/10/2024 - 2:45 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News