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      Fed's Kashkari: Expects one more rate hike this year and another in 2027

      PANews reported on October 1 that Fed's Kashkari expects the Federal Reserve to raise rates once more this year and once more in 2027. Kashkari said the Fed's balance sheet works best when rates are near zero, that the size of the Fed's balance sheet is a complex issue, and that revisiting the balance sheet strategy is entirely reasonable. He also expressed optimism about artificial intelligence while considering related risks.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud