It seems that the Federal Reserve is heading towards keeping interest rates at the same levels for a long time
🔥 Inflation has not yet reached the 2% target
⭕️ Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, believes that keeping interest rates high is the most likely course right now, and that discussions about lowering them are premature.
⭕️ He clarified that the Federal Reserve needs more time to see a genuine slowdown in inflation, and the impact of new tariffs must be assessed before making any decisions.
⭕️ Kashkari emphasized his preference for acting based on clear data, but did not rule out raising interest rates again if inflation continues to rise.
