Fed's Kashkari Says Rate Cut This Year Still Possible

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  • Опубліковано 6 тра 2024
  • Federal Reserve Bank of Minneapolis President Neel Kashkari says it is too soon to declare inflation progress has stalled and the Fed will do what is necessary to bring inflation down to 2%. He speaks at the Milken Institute Global Conference in Beverly Hills, CA.
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КОМЕНТАРІ • 38

  • @mrxxbrian
    @mrxxbrian Місяць тому +12

    Kashkari: No rate cut this year.
    *shows cat*
    Kashkaria: Okay maybe one rate cute this year

  • @Alexander-mr7jq
    @Alexander-mr7jq Місяць тому +8

    "There is an infinite amount of cash" guy 😅

  • @illmagnetic
    @illmagnetic Місяць тому +8

    Wallstreet Bets sent me here.. something about a mummy

  • @ValueTCG
    @ValueTCG Місяць тому +4

    This dude doesn’t understand that structurally, homes are more expensive because replacement rates are permanently higher AND there’s been an under supply of homes for the last decade+. Smashing the middle class isn’t going to solve that without a tremendous amount of unemployment.

    • @zwatwashdc
      @zwatwashdc Місяць тому

      Not sure why we pound this supply argument. It’s the same as it was in 2018 and 2019.

    • @ValueTCG
      @ValueTCG Місяць тому

      @@zwatwashdcthat’s true, if you throw out every fact under the sun.
      Particularly the part where we now have 40-50 million millennials entering prime household formation age.

  • @b5thomas7
    @b5thomas7 Місяць тому +2

    2% inflation, sure... just need to modify that CPI calculation method again

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics Місяць тому

    Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank

  • @vp7219
    @vp7219 Місяць тому

    Good ol’ Imhotep

  • @lemontadams3029
    @lemontadams3029 Місяць тому

    the Dow posted its longest winning streak of the year, the wish to buy a home survey hit a record low. And making a bad situation worse, apartment renters expect rents to increase by 9.7 percent over the next year… as their earnings can’t even keep up with inflation.

  • @aronnora4461
    @aronnora4461 Місяць тому +1

    Dangling that carrot to pump the market harder

  • @Bradgilliswhammyman
    @Bradgilliswhammyman Місяць тому +2

    Fed members need to stop these interviews that move the market...these guys are acting like celebrities doing every interview they can get time for.

    • @GomiBombs
      @GomiBombs Місяць тому

      or they are just doing their job and informing the public of their management of the monetary policy which is based on the US economy. Their job isn't to increase the price of stocks in the stock market.

  • @BrandyHeng007
    @BrandyHeng007 Місяць тому +1

    Its fun fooling its people 😂

  • @wumble7829
    @wumble7829 Місяць тому

    The only accurate data is Kashkari being wrong all the time. He said no rate cuts this year, then flipped to say 1 rate cut.

  • @paulattaboyatreides6414
    @paulattaboyatreides6414 Місяць тому

    Kashkari is my favorite FED official

    • @NassimSYD
      @NassimSYD Місяць тому

      He's a literal WSB meme

  • @nitrosrt4
    @nitrosrt4 Місяць тому +3

    haha he's just teasing the debt bums now. keep giving them a lil hope.

    • @Obecox
      @Obecox Місяць тому

      😂😂😂😂😂

  • @sbar39
    @sbar39 Місяць тому +1

    Why not 1%😏

    • @Dr.Weed8
      @Dr.Weed8 Місяць тому +1

      Global Gold supply increases by 2%.
      Other than that I have no idea. Why not 0%?

  • @uofawayne
    @uofawayne Місяць тому

    What Neel said at 3:15 suggests to me that he is reading off a script.

  • @joshpierce8688
    @joshpierce8688 Місяць тому

    Where is Brendan Fraser when you need him?

  • @lewisrashe831
    @lewisrashe831 Місяць тому

    Translation: He’s saying America get COOKED 😂🖨️💸💸

  • @cato451
    @cato451 Місяць тому +3

    BS. No rate cuts.

  • @Rightround0846
    @Rightround0846 Місяць тому

    Yea in Dec if we do. 😂

  • @jeffperteet2327
    @jeffperteet2327 Місяць тому

    Keep on hoping~cake by the ocean

  • @micTesting-vz8hp
    @micTesting-vz8hp Місяць тому +1

    since its all data dependent, can it all be programmed and bring in efficiency to the Fed?
    Fed will need only 2 employees - 1 human and a dog - a human to feed the dog and a dog to bark at the human when he/she tries to touch the program :)

  • @prazed1
    @prazed1 Місяць тому

    hey it's your job is an asset guy. if you have 3 jobs, you have 3 assets!

  • @user-yy9hk9od9u
    @user-yy9hk9od9u Місяць тому +1

    This guy is out of touch. Step down.

  • @Hungryi
    @Hungryi Місяць тому

    Alien 👽

  • @WELL-WELL-WELL69
    @WELL-WELL-WELL69 Місяць тому

    Hyperinflation is coming.