Federal Reserve's Kashkari: It's always possible to cut interest rates more quickly if the labor market is weaker than expected

BlockBeats News, September 19, Fed's Kashkari: If the labor market is weaker than expected, we can always cut rates more quickly. It's hard to see inflation significantly exceeding 3% due to tariffs. If the economic situation requires, we are willing to raise the policy rate. The neutral rate may have risen to 3.1%; Fed policy is not as tight as previously thought. Inflation may persist, but is unlikely to rise significantly. (FX Street)