Fed's Kashkari says rates are 'close to neutral': CNBC
(Reuters) – Minneapolis Federal Reserve President Neel Kashkari told CNBC on Friday that he believes interest rates are “close to neutral”.
Interest rates should not go up when job creation remains strong and inflation continues to be tame, Kashkari told CNBC, adding that raising rates too forcefully before necessary could risk causing a recession in the U.S. economy.
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