FED'S KASHKARI: APPROPRIATE TO DEBATE ABOUT POTENTIALLY CUTTING RATES IN SEPTEMBER
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari told the Wall Street Journal on Monday that a debate about potentially cutting the policy rate in September is an appropriate one to have, pre Reuters.
"The balance of risks has shifted more towards labor market and away from inflation side of our dual mandate," Kashkari added and noted that inflation is making progress while the labor market is showing some concerning signs.
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