Fed’s Kashkari: Economy May Not Be Slowing As Much As We Think | Metals Mine

  • Fed’s Kashkari: Economy May Not Be Slowing As Much As We Think

    From beemarkets.com

    Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the two, "there’s more risk of a labor market negative surprise than a big uptick in inflation." "On the other hand, if I were to guess which mistake we’re more likely making, I think we’re more likely betting that the economy is really slowing more than it really is," Kashkari told a town hall in Rapid City, South Dakota. Kashkari supported the Fed’s quarter-point interest-rate cut in September and feels two more such cuts will ... (full story)

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ocd
Oct 17, 2025 7:29am
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"Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the two, "there’s more risk of a labor market negative surprise than a big uptick in inflation." "On the other hand, if I were to guess which mistake we’re more likely making, I think we’re more likely betting that the economy is really slowing more than it really is," Kashkari told a town hall in Rapid City, South Dakota."


SO, he just admitted these guys are about as good as some guy sitting at a bar flipping a quarter while making a decision. This is the brain trust that determines the future of the US dollar. Zero ability to analyze detailed micro/macro economic data, just guessing and betting.
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The Fool
Oct 16, 2025 11:56pm
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Yeah but the guy who bankrupted 6 casinos says interest rates should be way lower. Who you gonna believe?
The Fool
Oct 17, 2025 12:11am
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Quoting ebarts
lmao have you seen gold prices??? something is happening don't pretend you live under a rock
I live in de basement.
Trader#82C4
Oct 17, 2025 2:07am
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Not a good sign when you hear a FED member use the words think, guess and betting simultaneously like that.
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ebarts
Oct 16, 2025 11:14pm
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lmao have you seen gold prices??? something is happening don't pretend you live under a rock
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Trader#B2FF
Oct 17, 2025 5:57am
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Quoting Trader#82C4
...think, guess and betting...
Mexcellent young Jedi. You are learning fast. You forgot one more {key} word. MISTAKE....

People are like books. Literally. So are markets. Have Oodles and Oodles O' Fun Ya'll
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Trader#0297
Oct 18, 2025 12:11am
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its sinking fast
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