Fed's Kashkari says 'reasonable' to predict December rate cut By Reuters

(Reuters) - Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting until December to do it.

Kashkari made the comment in an interview with CBS' "Face the Nation" program. "It's really going to depend on the data, and we're in a very good position right now to take our time, get more inflation data, get more data on the economy, on the labor market, before we have to make any decisions," he said.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!