(Bloomberg) -- Federal Reserve Bank of Minneapolis President Neel Kashkari said the central bank is in a good position to take its time and watch incoming...
-- Federal Reserve Bank of Minneapolis President Neel Kashkari said the central bank is in a good position to take its time and watch incoming data before starting to cut interest rates.“We need to see more evidence to convince us that inflation is well on our way back down to 2%,” Kashkari said Sunday on CBS’s Face the Nation. “We’re in a very good position right now to take our time, get more inflation data, get more data on the economy, on the labor market, before we make any decisions.
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