Fed Kashkari supports another 75bps hike in Jul, and 50bps afterwards

Minneapolis Fed President Neel Kashkari said in an article, ” I supported increasing the federal funds rate by 75 basis points at this week’s meeting, and could support another such move in July”. But he also warned to “too much more front-loading”. “A prudent strategy might be, after the July meeting, to simply continue with 50-basis-point […]

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