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TechFlow news, on October 14, according to Jinshi Data, Federal Reserve's Kashkari stated that monetary policy remains restrictive, though the extent of its restrictiveness is still unclear. Recent employment data indicate the labor market has not weakened rapidly, and the future path of monetary policy will be driven by data and economic performance. Further "modest" rate cuts appear appropriate.
According to Jinshi Data, Federal Reserve's Kashkari stated that monetary policy remains in a restrictive state, though the degree of its restrictiveness is unclear. Recent employment data indicate the labor market has not weakened rapidly. The future path of monetary policy will be driven by data and economic performance, and further "modest" rate cuts appear appropriate.
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