7 1 news bytes 768x432 9nc0JI Fed President Kashkari Finds Bank of America’s December Rate Cut Prediction Reasonable

Fed President Kashkari Finds Bank of America’s December Rate Cut Prediction Reasonable

Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed will cut rates once this year, likely in December. “I think that’s a reasonable prediction,” Kashkari said, noting that it […]

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