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Fed's Kashkari Opposes Large Rate Hikes, Maintains Policy Openness on Aug 5

2026-08-05 12:49:06

According to CNBC on Aug 5, Federal Reserve policymaker Neel Kashkari stated he maintains an open stance on future monetary policy and does not advocate for large interest rate increases. He said his goal is to lower inflation, not to slow the economy, and that now is the time to begin gradually raising rates in a measured approach. Kashkari emphasized the importance of continued communication with the public about the Fed's policy framework.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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