Fed's Kashkari Sticks To View That Rates Do Not Need To Rise

(Reuters) - The U.S. Federal Reserve should hold off on raising interest rates to allow more workers to get jobs, adding that the central bank can always raise rates to head off inflation if it starts to rise too fast, Minneapolis Fed President Neel Kashkari said on Thursday.

Speaking at the Minnesota Ag and Food Summit, Kashkari said he sees no signs of overheating yet, or of inflation taking off. Low wage growth suggests there is more slack in the labor market, he said.

Reporting by Ann Saphir; Editing by Chizu Nomiyama

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Gold stocks rocket on metal rebound and equities jump

Silver supply shortage continues

Several new entrants to TSXV large gold, including producer Asante

Gold stocks down on metal decline, equity market slide

Largest gold producers see strong Q3/25 earnings