Key Takeaways:

Federal Reserve Chair Neel Kashkari said up to two additional rate cuts may come before year-end.

Kashkari noted the Fed could move more aggressively if the labor market weakens.

He also stressed the Fed remains open to raising rates again if economic conditions demand it.

On September 19, 2025, Federal Reserve Chair Neel Kashkari said the U.S. central bank could implement two more interest rate cuts before the end of the year, according to TechFlow.

Kashkari emphasized that if the labor market deteriorates faster than expected, the Fed may act more swiftly to reduce borrowing costs. At the same time, he noted the central bank remains flexible and could raise rates again if economic data signals renewed inflationary pressures.

The comments come just as markets brace for the Fed’s latest monetary policy decision, with investors debating the path of future rate cuts amid signs of slowing economic momentum.

Kashkari’s remarks highlight the data-dependent stance of the Federal Reserve as it balances persistent inflation risks with concerns over weakening growth and employment.