Kashkari said he expects his forecast to show the same number “or potentially one fewer” when Fed officials submit new projections at their mid-March meeting. — Bloomberg
WaShington: US Federal Reserve Bank of Minneapolis president Neel Kashkari said he expects the US Federal Reserve (Fed) to cut interest rates two times – or potentially just once – in 2024, but emphasised he hasn’t finalised his forecasts for the Fed’s upcoming meeting.
When policymakers last released rate forecasts in December, Kashkari said he projected two rate cuts for this year.
