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International Business Times
International Business Times
Business
Ann Resuma

Rate Cut Consideration In December 'Reasonable': Fed's Kashkari

US Federal Reserve Neel Kashkari Inflation Interest Rates the Federal Reserve

Federal Reserve Bank of Minneapolis President Neel Kashkari stated that it is "reasonable" to consider a cut in interest rates in December and the decision will depend on upcoming inflation data.

"Right now, knowing what I know today, still considering a 25-basis-point cut in December - it's a reasonable debate for us to have," he added in an interview with Bloomberg.

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