Fed's Kashkari: Open to Rate Cut at Next Meeting Amid Weak Job Market
Publication Time:2024-08-19 17:06:05
Recently, Kashkari, one of the Federal Reserve (Fed) officials, openly expressed his views on the current economic situation. He pointed out that with the continuous signs of weakness in the job market, the possibility of the Fed considering a rate cut at the upcoming policy meeting is increasing. This statement reflects that policymakers are closely monitoring the dynamics of economic growth and are prepared to respond to potential economic risks through adjustments in interest rates.
Fed
rate cut
Employment Market
economic policy
Kashkari