Fed's Kashkari says 'now is the time to start slowly moving' rates up
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Source: CNBC
Published: 2026-08-05 22:11 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Business & Economy
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Snippet:
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he thinks higher interest rates are needed now to bring down inflation and avoid more drastic increases later.
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