Neel Kashkari, one of the Federal Reserve’s most consistent opponents of interest-rate increases, says it isn’t the time for the central bank to cut borrowing costs
For now, the Minneapolis Fed president believes the U.S. central bank is in the right place, he said in an interview with The Wall Street Journal Friday. He spoke in the wake of the Fed’s recent decision to hold rates steady and signal it is unlikely to raise them this year.
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