Minneapolis Federal Reserve President Neel Kashkari has voiced uncertainty regarding the Fed’s potential rate decision at the upcoming December meeting, despite his previous opposition to the October rate cut. According to PANews, Kashkari expressed surprise at the resilience of economic activity, which appears stronger than anticipated based on fragmented data points and indicators. He suggests the Fed should have paused its rate cuts during the October meeting as subsequent data reveals little change in the economic landscape. While he acknowledges a case for a further rate cut based on the current data trends, Kashkari also notes that maintaining the current rates is equally valid. This statement comes after he previously predicted two more rate cuts in 2025 due to the anticipated decline in economic activity. Despite this, he highlighted reports of struggling low-income borrowers as a sign of potential labor market vulnerabilities. However, he also pointed out that many companies are doing well financially and hold optimistic expectations for 2026.