Kashkari Wants Rate Hikes While Hiring Stalls and Tariff Refunds Hit $100 Billion
Fed dissenter Neel Kashkari pushes for a September rate hike even as ADP shows private hiring slowing sharply; the Treasury's $100 billion in 'Liberation Day' tariff refunds mostly flow to corporations, not consumers; and Eli Lilly's weight-loss drug boom sends earnings and guidance sharply higher. In this episode: • Fed's Kashkari says 'now is the time to start slowly moving' rates up — https://www.cnbc.com/2026/08/05/feds-kashkari-says-now-is-the-time-to-start-slowly-moving-rates-up.html • Private companies added just 44,000 workers in July, well below expectations —…
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