_minneapolis-fed-president-suggests-potential-interest-rate-cut-in-december-emphasizes-need-to-evaluate-data-before-criti.jpg "Minneapolis Fed President Suggests Potential Interest Rate Cut in December, Emphasizes Need to Evaluate Data Before Critical Decision from itau bank Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 1.6M times
✓ Published: 18-Jun-2024
👁 View: 1.6M times
✓ Published: 18-Jun-2024
Description:
President of the Minneapolis Federal Reserve, Neel Kashkari, suggested that the U.S. central bank might lower interest rates once this year, likely in December. He emphasized the importance of evaluating further economic and labor data before making any monetary policy adjustments. Kashkari also addressed concerns about high borrowing costs impacting home ownership, noting that reducing interest rates prematurely could inflate house prices rather than improve affordability. The optimal strategy, he suggested, is to control inflation effectively, thereby stabilizing the economy and potentially aiding the housing market indirectly.
President of the Minneapolis Federal Reserve, Neel Kashkari, suggested that the U.S. central bank might lower interest rates once this year, likely in December. He emphasized the importance of evaluating further economic and labor data before making any monetary policy adjustments. Kashkari also addressed concerns about high borrowing costs impacting home ownership, noting that reducing interest rates prematurely could inflate house prices rather than improve affordability. The optimal strategy, he suggested, is to control inflation effectively, thereby stabilizing the economy and potentially aiding the housing market indirectly.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_tt362-26-b-available-fr0m-idb-for-water-plan.webp "The Executive Director of the Inter-American Development Bank says an 80 million US dollar loan facility from the IDB for the National Water Sector Transformation Plan is being made available to this country.<br/>The plan will eventually cost 2.26 billion TT dollars.<br/><br/>Meanwhile, the Public Utilities Minister says projects for the improvement of the supply of water under the plan are not because a General Election is due next year.<br/><br/>Juhel Browne reports.")
_8-seafood-restaurants-that-excel-at-steak-and-4-that-fail.webp "Stick it surf, we came for the turf. But with most chains rolling out steaks, which ones are worth shelling out the clams for? At these seafood restaurants, you can bank on the beef — or skip the sirloin altogether.")
_why-9-to-5-businesses-do-not-meet-americans-local-necessities.webp "Nine-to-five businesses aren’t ‘good enough,’ suggests a new study. Instead, Americans want businesses to operate 24/7, commissioned by Chime in partnership with the Financial Technology Association and conducted by Talker Research.<br/><br/>A poll of 2,000 U.S. adults found that when it comes to their local necessities, people want their grocery stores (56%), pharmacies (54%) and even their banks (24%) to stay open around the clock.<br/><br/>Over half (55%) use a number of services in their neighborhood that are only open during their working hours. The biggest offenders are banks (39%), post offices and shipping centers (38%), dentists (34%) and primary care doctors (34%).<br/><br/>If they need to make it to those places, many will make sacrifices in their day, such as taking PTO from work (31%) or taking unpaid leave time from work (29%).")
_39i-don39t-know-how-we39ll-survive-this-winter39-ukraine-recovery-to-focus-on-energy.webp "United Nations Development Programme and World Bank discuss how the recovery of Ukraine will look like.")
_digital-hallucination-124124-gl2-124124-tadc.webp "DIGITAL HALLUCINATION|| GL2 || TADC from itau bank")
_economist39s-prediction-for-the-cash-rate-in-2024.webp "Bendigo Bank chief economist David Robertson warns an interest rate cut is unlikely in 2024.")
_g7-agrees-to-use-3650-billion-in-frozen-russian-assets-to-fund-ukraine.webp "G7 Agrees to Use $50 Billion , in Frozen Russian Assets , to Fund Ukraine.<br/>'The Independent' reports that G7 leaders reached <br/>a deal to repurpose profits from frozen Russian <br/>assets worth about $50 billion to support Ukraine.<br/>'The Independent' reports that G7 leaders reached <br/>a deal to repurpose profits from frozen Russian <br/>assets worth about $50 billion to support Ukraine.<br/>The decision was made after Ukrainian President <br/>Volodymyr Zelensky said he expected the group to <br/>make some \")
_an-emergency-rescue-in-chengdu.webp "Videos of two men rescuing an unconscious driver from a car drifting down a river in Chengdu City, Sichuan Province have been trending on social media in China. Local residents on both banks have recorded the whole rescue process. The two rescuers were later identified as swimming enthusiasts Jiao Dayin and Wang Yihui. Jiao is a retired soldier. #rescue #Sichuan")
_tt362-26-b-available-fr0m-idb-for-water-plan.jpg)
_8-seafood-restaurants-that-excel-at-steak-and-4-that-fail.jpg)
_why-9-to-5-businesses-do-not-meet-americans-local-necessities.jpg)
_39i-don39t-know-how-we39ll-survive-this-winter39-ukraine-recovery-to-focus-on-energy.jpg)
_digital-hallucination-124124-gl2-124124-tadc.jpg)
_economist39s-prediction-for-the-cash-rate-in-2024.jpg)
_g7-agrees-to-use-3650-billion-in-frozen-russian-assets-to-fund-ukraine.jpg)
_an-emergency-rescue-in-chengdu.jpg)
![[+]](/images/menu.gif){kind=small}