Federal Reserve Kashkari: The actions of the central bank before September are full of uncertainty

金色财经
金色财经|May 26, 2025 04:53
According to Golden Finance, according to Golden Ten Data, the Federal Reserve's Kashkari stated that significant changes in US trade and immigration policies have brought uncertainty to Fed officials taking interest rate action before September, as the Trump administration continues tariff negotiations with many governments around the world. Anything is possible, but will the situation be clear enough by September? I'm not sure yet. We need to see what the data says and how the negotiations progress, "Kashkari said on Monday He added that if the United States and other countries reach a trade agreement in the coming months, "this should provide a lot of clarity that we are looking for." The widespread tariffs are believed to have pushed up inflation in the United States, while dragging down economic growth due to reduced investment by businesses and household spending control. Kashkari and other central bank officials, including Gulsby, have stated that the threshold for short-term interest rate cuts remains high. Kashkari said, "This uncertainty may put pressure on economic activity and pose challenges for us because we are uncertain about how the situation will develop, and therefore uncertain about where monetary policy should go
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