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WSJ News Exclusive | Fed Official Is Open to Foregoing June Rate Hike

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Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting to give officials more time to assess the effects of past rate increases and the inflation outlook

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‘I would object to any kind of declaration that we’re done’ lifting rates, says Minneapolis Fed President Neel KashkariBefore the pandemic, Neel Kashkari was one of the most dovish members of the Fed’s rate-setting Federal Open Market Committee.

 

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