Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that it is still appropriate to consider another interest-rate reduction at the Fed’s December meeting, per Bloomberg.  

Key quotes

It’s still a reasonable consideration.

Right now, knowing what I know today, still considering a 25-basis-point cut in December — it’s a reasonable debate for us to have.

Government must take steps to achieving a sustainable fiscal path.

Natural rate may be higher and policy not as restrictive.

This is what I’m trying to understand right now, is how much downward pressure are we putting on the economy, and what is the path for inflation.

I have some confidence that it’s gently trending down, and right now the labor market remains strong.