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Minneapolis Federal Reserve president declines to say how many more interest rate hikes remain

Por: The Hill Politics August 01, 2023

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The president of the Minneapolis Federal Reserve said Sunday he is not sure how many more federal interest rate hikes will remain. “Well, we’re not sure yet,” Neel Kashkari told CBS’s Margaret Brennan on “Face the Nation.” “We need to get inflation all the way back down to 2 percent.” Inflation slowed to 3 percent in June, hitting its The Fed by 0.25 percent to a span of 5.25 to 5.5 percent last week, pushing interest rates to a... + full article



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