(Reuters) -Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed’s interest-rate cut in October given the economy’s resilience, and said he was undecided on what to do for the Fed’s meeting next month. “I can make a case depending on how the data […]
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Fed’s Kashkari wanted rate-cut pause in October, reports Bloomberg News
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(Reuters) -Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed’s interest-rate cut in October given the economy’s resilience, and said he was undecided on what to do for the Fed’s meeting next month.
“I can make a case depending on how the data goes to cut, I can make a case to hold, and we’ll have to see,” Kashkari told Bloomberg News.
(Reporting by Ann Saphir; Editing by Leslie Adler)