Fed's Kashkari says rate cut likely needed to help U.S. economy
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WASHINGTON (Reuters) - The Federal Reserve likely needs to cut interest rates and take aggressive measures to counter an economic slowdown, Minneapolis Federal Reserve Bank President Neel Kashkari said on Friday.Kashkari, who does not have a vote on monetary policy this year but participates in policy discussions at the U.S. central bank, said the Fed may have gone too far in raising rates in recent years, echoing a criticism frequently made by U.S. President Donald Trump.But Kashkari disputed..