Minneapolis Fed's Kashkari indicates interest rates don't need to be cut much more
CNBC·2026-01-05 22:12

Minneapolis Federal Reserve President Neel Kashkari said Monday that he thinks the central bank is close to the point where it should stop lowering interest rates.In a CNBC interview, the central banker said the key calculus now is whether the Fed should be more focused on a slowing labor market or stubbornly high inflation."My guess is we're pretty close to neutral right now," Kashkari said in a live CNBC "Squawk Box" interview. "We just need to get more data to see which is the bigger force. Is it inflati ...

Minneapolis Fed's Kashkari indicates interest rates don't need to be cut much more - Reportify