Minneapolis: Slight economic activity increase, moderated wage pressures, and modest price rises, with declines in consumer spending and slow commercial construction. #MinneapolisFed #WagePressures #CommercialConstruction #Fed #BeigeBook

Minneapolis Fed President Neel Kashkari informed CNBC that they aim for inflation to decrease to 2 by autumn. He stated, "I want to follow the data for a few more months. 2 or 3 rate cuts may be appropriate this year." #MinneapolisFed #InflationTarget #InterestRates #EconomicPolicy #MonetaryPolicy #RateCuts