Fed's Kashkari hasn't given up hope on a December FOMC interest rate cut

  • Reasonable to consider a cut

Bloomberg (gated) with the info from Federal Reserve Bank of Minneapolis President Neel Kashkari

  • said it is still appropriate to consider another interest-rate cut at the December Federal Open Market Committee (FOMC) meeting
  • government must take steps to achieving a sustainable fiscal path
  • natural rate may be higher and policy not as restrictive
Kashkari

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