Fed's Kashkari says central bank must lower inflation pressures
TLT•Neel Kashkari said he expects the Federal Reserve to raise rates again, depending on how the economy performs. He said inflation remains too high and the latest data did not change that assessment.
1. Kashkari on inflation
The Minneapolis Fed president said he expects the central bank to raise rates again, depending on the economy’s performance. He called inflation “still too high” and said the latest data did not change that assessment. Kashkari said projections for more rate hikes at the September Federal Open Market Committee meeting reflected information available at the time.
