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'Soft Landing' For US Economy Is The Right Path, Central Banker Says
Monday, July 31, 2023 - 2:26pm | 398The U.S. economy continues to demonstrate resilience. That’s according to Federal Reserve Bank of Minneapolis President Neel Kashkari. What Happened: Kashkari aligns with the Fed’s economists’ outlook that the horizon is clear of an impending recession. Despite the ongoing...
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Remember When This Fed Official Said To Break Up The Big Banks?
Monday, March 21, 2016 - 2:26pm | 877Last month, Federal Reserve Bank of Minneapolis president Neel Kashkari spoke regarding the FOMC and the Federal Reserve System, offering a personal assessment of the "too big to fail" banking crisis. In 2010, Kashkari was an adamant supporter of financial reform. At the time, despite his desires...
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Federal Reserve Bank of Minneapolis President Narayana Kocherlakota Says Fed Funds Rate Will Stay Low
Wednesday, June 26, 2013 - 3:44pm | 597Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, appeared on CNBC's Squawk Box Wednesday morning to discuss Fed policy, including keeping the federal funds rate low so that unemployment can drop to under 6.5 percent. The market has taken a hit since the Fed's May 22...