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Walter Bloomberg: Fed's Kashkari urges open mind on future interest rate policy

Walter Bloomberg: Fed's Kashkari urges open mind on future interest rate policy
Kashkari urges flexibility on rates

Walter Bloomberg, financial news account at X (Twitter) Account, reports that Federal Reserve's Kashkari believes policymakers should remain open minded about the future direction of interest rate policy.

Kashkari also warns that the longer the war persists, the greater the risk of inflationary pressure.

Walter Bloomberg has recently flagged renewed momentum in U.S. equity futures, with S&P 500 and Dow futures higher while Nasdaq futures rebounded following geopolitical developments. In a separate update, he reported that U.S. business investment climbed on a 3.3% jump in core capital goods orders in March. Both events come as Fed officials weigh the potential inflation risks tied to ongoing conflicts.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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