Minneapolis Fed President: "Possibility of First Rate Cut in September... Room for Adjustment if Tariff Impact Emerges"

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, mentioned the possibility of the first interest rate cut in September, but also indicated that the policy of further cuts may be adjusted depending on the impact of tariffs.

According to the overseas breaking news channel Walter Bloomberg on the 27th (local time), President Kashkari said, "I expect two rate cuts in 2025," adding, "the first cut could be in September."

However, he maintained a cautious stance, stating, "If the Fed cuts rates in September and the inflationary effects of tariffs appear afterward, we might pause the cuts temporarily."