Fed’s Kashkari Says ‘Reasonable’ to Predict December Rate Cut

June 16, 2024

(Reuters) – 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. Kashkari made the comment in an interview with CBS’ “Face the Nation” program. “It’s …