Kashkari Sees Another Fed Rate Hike This Year and One More in 2027
Minneapolis Federal Reserve President Neel Kashkari stated that he expects the central bank to raise interest rates once more this year and again in 2027, indicating a more hawkish outlook than three months prior.
Minneapolis Federal Reserve President Neel Kashkari said he expects the central bank to raise interest rates once more this year and again in 2027, a more hawkish view than he had three months ago. He made the remarks during a moderated conversation at the Council on Foreign Relations on Wednesday.