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Home Economy

Fed’s Kashkari says ‘open-minded’ about size of March interest rate hike

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March 14, 2023
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Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he hasn’t decided whether he will advocate for a 25-basis point or 50-basis point move at the central bank’s next interest-rate committee meeting later this month.

“I’m open minded at this point about whether its 25 basis points or 50 basis points,” Kashkari told business leaders in Sioux Falls, South Dakota.

The…

Tags: article_normalBanking/CreditFinancial ServicesInvesting/SecuritiesMonetary Policy
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