The Federal Reserve likely needs to cut interest rates and take aggressive measu...
FILE PHOTO: President of the Federal Reserve Bank on Minneapolis Neel Kashkari speaks during an interview in New York, U.S., March 29, 2019. REUTERS/Shannon Stapleton
Kashkari, who does not have a vote on monetary policy this year but participates in policy discussions at the U.S. central bank, said the Fed may have gone too far in raising rates in recent years, echoing a criticism frequently made by U.S. President Donald Trump.
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