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It's reasonable to consider rate cut next month: US Fed's Kashkari
short by Debaroti Adhikary / on Tuesday, 26 November, 2024
After two rate cuts this year, US Federal Reserve executive Neel Kashkari said it's "reasonable" to consider another rate cut at the central bank's December meeting. "Still considering a 25-basis-point cut in December [is] a reasonable debate for us to have," he said. Fed slashed interest rates by 50 bps in September, and then by 25 bps in November.
read more at Moneycontrol