Federal Reserve's Kashkari: It still seems appropriate to cut interest rates twice this year

ChainCatcher news, according to Jinshi reports, Federal Reserve's Kashkari stated that the economy is slowing down, and the Federal Reserve needs to respond to the economic slowdown. Adjusting the policy interest rate in the short term may still be appropriate. The answers to the inflation issue will take some time to know, meanwhile, the data on economic slowdown is clear.

This year, a rate cut twice still seems appropriate, but if inflation rises due to tariffs, the Federal Reserve may pause rate cuts or even raise rates. Adjusting interest rate policy may be better than waiting. The unemployment rate data is very important, but the Federal Reserve knows that this data may be subject to revision.