Tags: neel kashkari | federal | reserve | tariffs | interest | rates

Fed's Kashkari: Central Bank in Wait-and-See Mode

Fed's Kashkari: Central Bank in Wait-and-See Mode
Minneapolis Federal Reserve Bank President Neel Kashkari (AP)

Tuesday, 24 June 2025 02:30 PM EDT

Minneapolis Federal Reserve Bank President Neel Kashkari Tuesday said that while recent inflation readings suggest disinflation is underway, the central bank is taking its time to get more clarity on whether tariffs will change that, and by how much.

"The Federal Reserve has basically been in wait and see mode, saying we need to get more clarity on how this is all playing out in the economy before we are confident on what tariffs are going to do to inflation," Kashkari told the La Crosse, Wisconsin Area Chamber of Commerce.

"We've been taking our time to try to get a sense of what's really going on before we make any dramatic changes in our policy outlook."

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Minneapolis Federal Reserve Bank President Neel Kashkari Tuesday said that while recent inflation readings suggest disinflation is underway, the central bank is taking its time to get more clarity on whether tariffs will change that, and by how much.
neel kashkari, federal, reserve, tariffs, interest, rates
116
2025-30-24
Tuesday, 24 June 2025 02:30 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Newsmax2 Live
 
On Now:3:00a ET • JFK Remembered: 50 Years Later
Coming Up:5:00a ET • Who Killed JFK? The Conspiracies
Get Newsmax Text Alerts

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© 2025 Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved