The Latest Breaking News from Federal Reserve Bank of Minneapolis

Fed President Wants Higher Rates — Job Market Says ‘Not So Fast’

Federal Reserve Bank of Minneapolis President Neel Kashkari is emerging as a top proponent of higher interest rates.

Benzinga · Aug 7

Fed’s Kashkari Cautiously Optimistic About US Economy, Expects Soft Landing

American economy digging its way out of inflation pit, says Federal Reserve Bank of Minneapolis president.

Zenger · Aug 1, 2023

Fed's Kashkari says higher capital requirements would bolster banking system

After the high-profile failures of Silicon Valley Bank and Signature Bank, Federal Reserve Bank of Minneapolis President Neel Kashkari argued requiring banks to have higher capital levels could be the best solution to addressing the underlying weakness in the banking system.

Tribune News Service · May 22, 2023