Kashkari: The Federal Reserve is in a "favorable position" and can observe the impact of tariffs on the economy before considering interest rate cuts.

According to the 21st Century Business Herald app, Neel Kashkari, President of the Minneapolis Federal Reserve, stated on Wednesday that the Federal Reserve is currently in a favorable position to observe the impact of tariff policies on the economy before deciding whether to adjust interest rates. He said, "So far, the economy seems quite resilient, so for me, now is the time to collect data, observe the results of tariff negotiations, and then make a clear judgment on the direction of interest rates."