Bulletin
Investor Alert

Market Pulse Archives

Aug. 21, 2019, 6:30 a.m. EDT

Minneapolis Fed's Kashkari says central bank should use forward guidance at next meeting

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

By Steve Goldstein

Minneapolis Fed President Neel Kashkari, in an op-ed in the Financial Times, said that the central bank should not only cut interest rates in September but also use forward guidance. "At a minimum, we should commit to not raising rates again until core inflation returns to our 2% target on a sustained basis," Kashkari wrote . Kashkari rotates onto the Federal Open Market Committee next year.

This Story has 0 Comments
Be the first to comment
More News In
Economy & Politics

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.