Investors should hope this 'battle-tested' market expert succeeds Powell at the Fed
Since the Fed cannot fight market rates, as Treasury yields decline, the Fed will be forced to cut key interest rates. Kashkari was the first Fed official to signal that further interest-rate cuts are ...
Fed's Kashkari sees policy rate 'modestly lower' at end-2025
Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said fresh data published Friday shows the labor market is ...
Minneapolis Fed's Kashkari expects lower interest rates later this year
In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed’s 2 ...
Midwest manufacturers are feeling optimistic about 2025, despite a down year in 2024
The regional manufacturing sector contracted last year, but manufacturers are optimistic about 2025, according to a new ...
Fed's Kashkari: Most important data today is the 4% unemployment rate
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said that he would ...
Minneapolis Fed president: Fracking better than Twitter (copy)
EDINA – Fracking has been better for the American economy than cellphones and social media, said the president of the Federal Reserve Bank of Minneapolis. While talking about what spurs ...
Fed officials see healthy jobs market, no rate-cut rush
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald ...
US Dollar Forecast: Investors’ focus now shifts to US CPI data and Powell
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He ...
What’s propping up inflation? Blame housing
Kayla Kataska began shopping for her first home last month — and she’s already had to adjust her expectations.
DOGE targets federal leases, shaking commercial real estate’s recovery
For many companies — and possibly the federal government — the era of remote work is drawing to a close. Employees at major companies like JPMorgan Chase and Amazon are being called back into the ...