Fed Kashkari: If inflation data is good, it will prompt me to support further rate cuts

BlockBeats news, on February 7, the Fed Kashkari made remarks on macro data, ‘The rise in the yield of the 10-year US Treasury bonds is not a concern, which may also be due to the fiscal deficit. The Fed will bring inflation back down, and there is a great deal of uncertainty about the position of the neutral interest rate.’ ‘The most important data today is the 4% unemployment rate. The current labor market is still good. The economy is strong, and the outlook for businesses is optimistic. Regarding US tariff policy, we need to wait and see. We are currently in a good position to wait and see here until we get more information about government policy. If we see good inflation data and the labor market remains strong, it will prompt me to support further interest rate cuts.’ ‘If inflation declines, I don’t see a reason to maintain the interest rate unchanged. Unless there are some truly surprising administrative policy changes, it is expected that by the end of the year, the interest rate will drop moderately compared to now. It is expected that inflation will continue to decline this year.’ (Jin10)