2min chapter

Odd Lots cover image

Neel Kashkari on the Fed's Commitment to Defeating Inflation

Odd Lots

CHAPTER

Is the Fed Going to Cut Rates Prematurely?

What would you need to see to give you comfort that maybe thing are changing and the fed can relax a little bit? Well, i think if we continue to see inflation readings that inflation is coming down subsequent, multiple subsequent readings, then that would probably argue for me that we could raise in interstrates more slowly. Or maybe we are getting to the point where, hay, in a few more hikes, we could get to something and sit there, pause, until we really are sure that it is done. To me, o were how high we get and how fast we get there, that is less important than us not backing off.

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