Federal Reserve's Kashkari: Good inflation data would prompt me to support further rate cuts
ChainCatcher news, according to Jin Shi reports, Federal Reserve's Kashkari spoke about macro data, "The rise in the U.S. 10-year Treasury yield is not concerning, and it may also stem from the fiscal deficit. The Federal Reserve will bring inflation down, and there is significant uncertainty about the position of the neutral interest rate.""The most important data today is the 4% unemployment rate. The current labor market remains strong. The economy is robust, and corporate outlooks are optimistic. We need to wait and see regarding U.S. tariff policy. We are currently in a good position to wait here until we get more information about government policies. If we see good inflation data and the labor market remains strong, that would prompt me to support further rate cuts.""If inflation declines, I don't see why we should keep interest rates unchanged. Unless there are some truly surprising changes in administrative policy, rates are expected to be moderately lower by the end of the year than they are now. Inflation is expected to continue to decline this year."