[Fed's Kashkari Expects Two More Rate Cuts This Year] Minneapolis Fed President Kashkari expressed support for this week's Fed rate cut decision and predicted that there might be two more rate cuts this year. He emphasized the need to take action to support the labor market in light of rising unemployment risks, while stating that the rate cut path is not predetermined. Future policies will be adjusted based on economic conditions, including the possibility of pausing rate cuts or raising rates.