Federal Reserve's Kashkari: Still believes that two rate cuts this year are reasonable
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Minneapolis Federal Reserve President Neel Kashkari stated that in the face of an economic slowdown, he still believes that two rate cuts this year are reasonable. He pointed out that the U.S. labor market is cooling and thinks that reversing the interest rate path may be more effective than waiting. At the same time, he expressed uncertainty about the ongoing impact of tariffs on prices
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