Home Finance Fed’s Kashkari says it’s possible he pencils in only one interest-rate cut this year

Fed’s Kashkari says it’s possible he pencils in only one interest-rate cut this year

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Fed’s Kashkari says it’s possible he pencils in only one interest-rate cut this year

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Minneapolis Fed President Neel Kashkari said Wednesday that he had penciled in two interest rate cuts in 2024 during the central bank’s last forecasting round in December, but added he may reduce the number of cuts he see at the Fed’s next meeting in two weeks.

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