Fed may need to maintain current interest rate levels to see where inflation goes
Fed's Kashkari reportedly said that it may need to keep interest rates at current levels for a while longer to figure out where inflation is headed. The Fed is well on its way to shrinking its balance sheet and is committed to its 2% inflation target.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
August 31 ETF Flows Bring $217M Into Bitcoin Funds
Brimstone intrinsic NAV rises 11.7% to 1,103.8 cents a share for six months ended June 2026
Good Purpose Investments engages Atrium Research for equity coverage at $10,500 per quarter
Mahindra moves to take possession of first 800 acres for Nagpur greenfield plant