Fed's Kashkari Predicts Policy Rate for 2024 and 2025

According to BlockBeats, on September 23, Federal Reserve official Neel Kashkari stated that the policy interest rate is expected to be 4.4% by the end of 2024. This projection aligns with the median forecast of Federal Reserve policymakers. Kashkari also indicated that by the end of 2025, the policy rate is anticipated to decrease to 3.4%, maintaining consistency with the central bank's median predictions.