neel kashkari

Stock futures are little changed as Wall Street narrows focus on major inflation report: Live updates

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[ad_1] Traders work the floor of the New York Stock Exchange. Getty Images U.S. stock futures were slightly higher Wednesday morning as investors looked toward the first potentially pivotal inflation report slated for release this week. Futures tied to the Dow Jones Industrial Average and S&P 500 futures both traded close to flatline points, whil … Read more

Fed: Fed’s Kashkari: Banking stress brings US closer to recession – Times of India

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[ad_1] WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation.“It definitely brings us closer,” Kashkari said. “What’s unclear for us is how much of these banking stresses are … Read more