Kashkari Takes Hawkish Stance At Fed, Expects Further Rate Hikes And No Cuts In 2024
Kashkari prefers additional interest rate hikes and displays a commitment to keeping them at high levels over an extended duration.
Fed Officials Curb Investor Enthusiasm, Caution Against Anticipated Rate Cuts
Recent statements from Fed members have been more hawkish than expected, dampening the market's enthusiasm for a rate-cutting cycle to begin later this year.