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flag Minneapolis Fed President Kashkari suggests modest interest rate cuts due to positive inflation and job data.

flag Minneapolis Fed President Neel Kashkari suggested that modest interest rate cuts are likely in the coming quarters, despite current restrictive monetary policy. flag He cited positive inflation and job market data as factors supporting this gradual approach. flag Other Fed officials also endorse this strategy to balance risks while targeting a 2% inflation goal. flag Following his comments, the US Dollar Index rose by 0.3% to 103.24, reflecting market response to the potential policy shift.

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