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Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

CNBC
Summary
Nutrition label

86% Informative

Minneapolis Fed President Neel Kashkari said he expects policymakers to dial down the pace of interest rate cuts after last week's half percentage point reduction.

Kashkinari : "I think after 50 basis points, we're still in a net tight position" Atlanta Fed President Raphael Bostic indicated he expects the Fed to move aggressively in getting back to a neutral rate.

The rate-setting Federal Open Market Committee last week voted to reduce its benchmark overnight borrowing rate by half a percentage point.

VR Score

93

Informative language

97

Neutral language

68

Article tone

informal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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