Kashkari made the comment in an interview with CBS' 'Face the Nation' program. 'It's really going to depend on the data, and we're in a very good position...
- Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting until December to do it.
-- The Wall Street axiom warns to “never fight the Fed.” But that’s exactly what traders are doing, and it could spark a rally in some of the forgotten corners of the stock market.
"Even absent this dire scenario, meeting additional interest obligations as the debt ratio rises could require the federal government to cut discretionary spending, with negative implications for economic growth."Top 5 things to watch in markets in the week ahead This ‘ugly Goldilocks’ scenario could put both stocks and bonds in danger this year, investment chief warns
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