“I think the most likely scenario is where we are right now, which is just we stay put for an extended period of time,” Kashkari said, referring to the Fed's key rate.
The Fed to take its time to find out if U.S. interest rates are high enough to beat inflation
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Neel Kashkari of the Minneapolis Fed, have said they would prefer that the central bank remain steadfast and lift its key rate to at least 5.4%, which would require additional rate hikes after this week.
Rising turmoil is making Federal Reserve's interest rate decisions more perilous
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