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Tags: fed | kashkari | need | rate | hikes

Fed's Kashkari Sees No Need for Interest Rate Hikes

percentage sign with corners of a few dollar bills to right
(Dollar Photo Club)

Tuesday, 02 October 2018 08:09 AM EDT

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that he sees no need to increase U.S. interest rates, given the "flashing yellow" signal from the bond market and the fact that the economy is not in his view yet at full employment.

The Fed last week raised U.S. interest rates for the third time this year and most policymakers forecast a likelihood of at least four more rate hikes by the end of next year. Kashkari is not a voter this year on monetary policy.

© 2023 Thomson/Reuters. All rights reserved.


StreetTalk
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that he sees no need to increase U.S. interest rates, given the "flashing yellow" signal from the bond market and the fact that the economy is not in his view yet at full employment.
fed, kashkari, need, rate, hikes
88
2018-09-02
Tuesday, 02 October 2018 08:09 AM
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