But other Fed officials, including Neel Kashkari, president of the Fed's Minneapolis branch, have said they are more focused on fighting the effects of higher tariffs on inflation, suggesting they are less likely to support rate cuts anytime soon.
Jerome Powell says Federal Reserve can wait on any interest rate moves
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Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said the faster the Trump administration can resolve trade issues and establish the new norm, the sooner it will help determine the nation’s risk of falling into an economic recession.
Trump administration officials say tariff reprieve on electronics is temporary
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