Minneapolis FED President Kashkari Sparks Speculation of Potential Rate Hike: Impact on Bitcoin (BTC) and Crypto Market

Minneapolis FED President Kashkari Sparks Speculation of Potential Rate Hike: Impact on Bitcoin (BTC) and Crypto Market

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  • Minneapolis FED President Neel Kashkari recently spoke about the status of interest rates, suggesting that they are likely to remain steady for a prolonged period.
  • Despite his belief in stable interest rates, Kashkari noted that the institution would consider a rate hike if necessary.
  • He also expressed concerns about the latest inflation data, questioning whether the current monetary policy is restrictive enough to return price increases to the central bank’s 2% target.

Minneapolis FED President Neel Kashkari discusses the future of interest rates and expresses concerns about inflation, suggesting possible adjustments to the monetary policy.

Stable Interest Rates Predicted

Neel Kashkari, the President of the Minneapolis FED, has recently spoken about the future of interest rates. Despite his belief that rates will remain steady for an extended period, he has noted that the institution is prepared to consider a rate hike if necessary. This statement... Read the full article for FREE at COINOTAG!

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