Minneapolis Fed President Kashkari says 'now is the time to start slowly moving' rates up, advocating a gradual approach potentially starting in September.
Kashkari believes higher interest rates are needed to curb inflation and prevent more drastic increases later. He was one of three dissenters at last week's Federal Open Market Committee meeting who favored a 0.25 percentage point rate hike, while the majority voted to hold the benchmark funds rate in the 3.5%-3.75% range.
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Source:CNBC头条 · Source Link
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