You Searched For "kashkari" and got 20 results
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1 min read
Rupee falls 4 paise to 79.87/US dollar in early trade
The rupee depreciated 4 paise to 79.87 against the US dollar in opening trade on Wednesday, trackin…
PTI
2 mins read
Minneapolis Fed chief Neel Kashkari says policy makers 'need not overreach' to the short-term jump in inflation
"If we overreact to a short-term price increase, that can set the economy back over the long term,"…
Carla Mozée
2 mins read
Fed's Neel Kashkari says cryptocurrencies are 95% fraud, hype, and noise - and scoffs at being able to create his own 'neelcoin'
Kashkari said he was more optimistic about crypto and bitcoin 5 or 6 years ago, but the fraud, hype…
Shalini Nagarajan
2 mins read
Fed's Kashkari says Reddit-driven stock gains don't merit a policy response, and if investors lose money then 'that's on them'
The dovish central banker said if two groups of speculators want to battle it out over an individua…
Shalini Nagarajan
2 mins read
Fed's Kashkari warns Delta variant fears are keeping millions from restarting work and could slow the labor market's recovery
Kashkari had hoped that the fall season would revive the job market with millions going back to wor…
Shalini Nagarajan
3 mins read
The US labor market is stuck in a 'deep hole' and needs more support, Minneapolis Fed president says
There's "some truth" to claims unemployment benefits disincentivize work, Neel Kashkari said, but c…
Ben Winck
2 mins read
Skyrocketing savings rate means Congress can pass economic stimulus for cheap, Fed's Kashkari says
"We will be able to pay off the debt" once the economy resumes growth and Americans tap their boost…
Ben Winck
2 mins read
Fed's Kashkari says the economic recovery has flattened — and warns thousands of small businesses will collapse without further support from Washington
"The strong recovery that we saw in June and July has really flattened out. The virus is climbing n…
Saloni Sardana
3 mins read
Fed officials fear lack of stimulus will stifle the US economic recovery, according to September meeting minutes
The Fed meeting came roughly three weeks before President Trump abruptly halted negotiations on a n…
Ben Winck
3 mins read
Fed's Kashkari warns of 'enormous consequences' if fiscal stimulus is not approved — and says there are no 'moral hazards' to supporting more aid
"There are enormous consequences if we just let things go, and the downturn will end up being much,…
Shalini Nagarajan
2 mins read
Fed's Kashkari warns that unless a stricter US lockdown is imposed, the last few months could feel just like a 'warm-up to a greater catastrophe'
"If we aren't willing to take this action, millions more cases with many more deaths are likely bef…
Shalini Nagarajan
2 mins read
'The worst is yet to come': The Fed's Kashkari issues a grim outlook for US jobs, and urges more assistance from Congress
"If this is a gradual recovery the way I think it's going to be, those folks are going to need more…
Carmen Reinicke
1 min read
6 Fed officials spoke out last week about the looming economic recovery. Here's why they expect it to be bumpy and pose new risks.
The central bank has slowed its roll in recent weeks after cutting its benchmark interest rate to n…
Ben Winck
2 mins read
'It's devastating': The Fed's Neel Kashkari says that the actual unemployment rate could be as high as 24%
"I'm hopeful we can bounce back," Kashkari said. "I'm optimistic, I don't think we're actually head…
Carmen Reinicke
2 mins read
Fed president Neel Kashkari tears into 'giant garbage dumpster' cryptocurrencies
"The reason that the dollar has value is because the US government has a legal monopoly on producin…
Ben Winck
2 mins read
Fed's Kashkari says interest rates shouldn't 'hold the economy back,' and calls for more cuts
The central bank has signaled a similar wait-and-see approach, dimming expectations for the start o…
Gina Heeb
3 mins read
The 'most patriotic thing' big banks can do to fight the coronavirus recession is raise $200 billion and cancel dividends, Fed's Kashkari says
Several firms already increased their loan-loss reserves through the first quarter as the virus thr…
Ben Winck
2 mins read
FED'S KASHKARI: Wall Street is 'forgetting the lessons of the 2008 financial crisis'
Kashkari, long an advocate of more stringent regulations to rein in major banks, told an event at H…
Pedro Nicolaci da Costa
2 mins read
'Hard for me to see a V-shaped recovery': The Fed's Kashkari says the US could face 18 months of rolling shutdowns as it tries to shake coronavirus
It's unclear when the US economy may reopen. President Donald Trump wanted to start the economy aga…
Carmen Reinicke
2 mins read
KASHKARI: The Fed is repeating its mistakes of the 1970s - but in reverse
"At the same time the unemployment rate was dropping, core inflation was also dropping, and inflati…