Federal Reserve's Kashkari believes there is room to lower interest rates but did not disclose the timing

ChainCatcher news, according to Jinshi reports, Minneapolis Fed President Kashkari stated that the Federal Reserve has some room to lower short-term benchmark interest rates, but did not disclose when it would need to ease policy. He pointed out that inflation remains too high, and the labor market shows signs of cooling, presenting challenges for policy. Kashkari believes there is some room for interest rates to decline in the coming years, and the cooling trend may continue.