Fed’s Kashkari Says Interest-Rate Hikes Not Entirely Ruled Out
- Says odds of rate hike low, but not taking it off the table
- Still sees policy as restrictive, Fed can wait for more data
This article is for subscribers only.
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US central bank’s policy stance is restrictive, but policymakers haven’t entirely ruled out additional interest-rate increases.
“I don’t think anybody has totally taken rate increases off the table,” Kashkari said Tuesday at an event in London. “I think the odds of us raising rates are quite low, but I don’t want to take anything off the table.”