‘Close call’ on US June rate hike or pause, says Fed’s Kashkari -CNBC

Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” whether he would vote to raise interest rates or pause the central bank’s tightening cycle when it meets next month. Speaking on CNBC, Kashkari also said services inflation remained entrenched and that “it may be that we have to go north of 6 percent” to get it back to … Continue reading ‘Close call’ on US June rate hike or pause, says Fed’s Kashkari -CNBC