Minneapolis Federal Reserve Bank President Neel Kashkari recently shared his projections for interest rates, expecting them to reach 4.4% by the end of 2024 and further decline to 3.4% by the end of 2025. Kashkari's outlook suggests a gradual easing of monetary policy in the coming years. The current target range for the federal funds rate is 4.75% to 5.00%.
Minneapolis Fed Chief Predicts Rate Drop to 3.4% by Late 2025
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