Fed’s Kashkari projects one interest-rate hike this year. Here’s what changed his mind.

🇺🇸 MarketWatch (US) —

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Minneapolis Fed President Kashkari now expects only one interest-rate hike this year influenced by doubts over the U.S.-Iran peace deal and ongoing AI development. The article explores monetary policy shifts reflecting geopolitical and technological factors affecting the US economy.

Doubts over the U.S.-Iran peace deal and the AI buildup mean a rate hike is possible, the Minneapolis Fed president says.

World Politics Markets AI & Tech Federal Reserve interest rates US-Iran relations AI development monetary policy

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