Fed’s Kashkari says central bank may not cut rates as much if economy remains strong

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Nov. 09, 2024 5:50 PM ETS&P 500 Index (SP500), US10Y, US2YSPY, IVV, RSP, SH, SSO, SDS, UPRO, VOO, SPXUBy: Anuron Mitra, SA News Editor

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Minneapolis Federal Reserve President Neel Kashkari on Saturday said that the central bank would probably deliver fewer interest rate cuts than expected if the U.S. economy continued to show strength.

Kashkari, who is not a voting member of the Fed’s monetary policy



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