Federal Reserve's Kashkari: Two rate cuts this year still seems appropriate

By: theblockbeats.news|2025/08/06 13:31:58

BlockBeats News, August 6: Fed's Kashkari: The economy is slowing down, and the Fed needs to respond to the economic slowdown. Adjusting the policy rate in the short term may still be appropriate. The answer to the inflation issue may take some time to be known, while data on the economic slowdown is clear. Two rate cuts this year still seem appropriate, but if inflation rises due to tariffs, the Fed may pause rate cuts or even raise rates. Adjusting the rate policy may be better than waiting. Unemployment rate data is very important, but the Fed knows that this data may be revised. (FX168)

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