Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting.

A higher neutral rate could limit interest rates’ decline, Minneapolis Federal Reserve President Neel Kashkari said.

After years of relatively high interest rates to bring down post-pandemic inflation, the Federal Reserve began to cut rates earlier this year, dropping another 0.25% at the central bank's meeting on November 7,

Minneapolis Fed President Neel Kashkari said Tuesday the Federal Reserve could hold off on an interest rate cut in December if inflation data comes in hotter than expected. In an interview with Yahoo Finance,