Fed's Kashkari Says Rate Cut This Year Still Possible

Рет қаралды 8,004

Ай бұрын

Federal Reserve Bank of Minneapolis President Neel Kashkari says it is too soon to declare inflation progress has stalled and the Fed will do what is necessary to bring inflation down to 2%. He speaks at the Milken Institute Global Conference in Beverly Hills, CA.
For more on this story, please see: www.bloomberg.com/news/articl...
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: tinyurl.com/ysu5b8a9
Visit www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: / bloombergtv
Facebook: / bloombergtelevision
Instagram: / bloombergtv

Connect with Bloomberg Business on:
X: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness
TikTok: www.tiktok.com/@bloombergbusi...
Reddit: / bloomberg
LinkedIn: / bloomberg-news

More from Bloomberg:
Bloomberg Radio: / bloombergradio
Bloomberg Surveillance: / bsurveillance
Bloomberg Politics: / bpolitics
Bloomberg Originals: / bbgoriginals

Watch more on KZbin:
Bloomberg Technology: / @bloombergtechnology
Bloomberg Originals: / @business
Bloomberg Quicktake: / @bloombergquicktake
Bloomberg Espanol: / @bloomberg_espanol
Bloomberg Podcasts: / @bloombergpodcasts

Пікірлер: 38

@mrxxbrian Ай бұрын

Kashkari: No rate cut this year. *shows cat* Kashkaria: Okay maybe one rate cute this year

@Alexander-mr7jq Ай бұрын

"There is an infinite amount of cash" guy 😅

@illmagnetic Ай бұрын

Wallstreet Bets sent me here.. something about a mummy

@GomiBombs 29 күн бұрын

Imhotep

@ValueTCG Ай бұрын

This dude doesn’t understand that structurally, homes are more expensive because replacement rates are permanently higher AND there’s been an under supply of homes for the last decade+. Smashing the middle class isn’t going to solve that without a tremendous amount of unemployment.

@zwatwashdc Ай бұрын

Not sure why we pound this supply argument. It’s the same as it was in 2018 and 2019.

@ValueTCG Ай бұрын

@@zwatwashdcthat’s true, if you throw out every fact under the sun. Particularly the part where we now have 40-50 million millennials entering prime household formation age.

@b5thomas7 Ай бұрын

2% inflation, sure... just need to modify that CPI calculation method again

@Bradgilliswhammyman Ай бұрын

Fed members need to stop these interviews that move the market...these guys are acting like celebrities doing every interview they can get time for.

@GomiBombs 29 күн бұрын

or they are just doing their job and informing the public of their management of the monetary policy which is based on the US economy. Their job isn't to increase the price of stocks in the stock market.

@detectiveofmoneypolitics Ай бұрын

Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank

@wumble7829 Ай бұрын

The only accurate data is Kashkari being wrong all the time. He said no rate cuts this year, then flipped to say 1 rate cut.

@lemontadams3029 Ай бұрын

the Dow posted its longest winning streak of the year, the wish to buy a home survey hit a record low. And making a bad situation worse, apartment renters expect rents to increase by 9.7 percent over the next year… as their earnings can’t even keep up with inflation.

@aronnora4461 Ай бұрын

Dangling that carrot to pump the market harder

@vp7219 Ай бұрын

Good ol’ Imhotep

@nitrosrt4 Ай бұрын

haha he's just teasing the debt bums now. keep giving them a lil hope.

@Obecox Ай бұрын

😂😂😂😂😂

@lewisrashe831 Ай бұрын

Translation: He’s saying America get COOKED 😂🖨️💸💸

@BrandyHeng007 Ай бұрын

Its fun fooling its people 😂

@paulattaboyatreides6414 Ай бұрын

Kashkari is my favorite FED official

@NassimSYD Ай бұрын

He's a literal WSB meme

@cato451 Ай бұрын

BS. No rate cuts.

@sbar39 Ай бұрын

Why not 1%😏

@Dr.Weed8 Ай бұрын

Global Gold supply increases by 2%. Other than that I have no idea. Why not 0%?

@uofawayne Ай бұрын

What Neel said at 3:15 suggests to me that he is reading off a script.

@joshpierce8688 Ай бұрын

Where is Brendan Fraser when you need him?

@micTesting-vz8hp Ай бұрын

since its all data dependent, can it all be programmed and bring in efficiency to the Fed? Fed will need only 2 employees - 1 human and a dog - a human to feed the dog and a dog to bark at the human when he/she tries to touch the program :)