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Neel Kashkari

Neel Kashkari

President, Federal Reserve Bank of Minneapolis

Appears in 1 story

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The Fed's great division

Rule Changes

FOMC voting member in 2026, moderately hawkish

The Federal Reserve held rates steady at 3.5-3.75% on January 28, 2026, in a 10-2 vote. Governors Stephen Miran and Christopher Waller both dissented for a 25-basis-point cut — the first time two sitting governors have dissented together in decades.

Updated May 18