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Fed's Kashkari Says He Doesn't Know How High Rates Need to Go
Original: Fed’s Kashkari Says He Doesn’t Know How High Rates Need to Go
Minneapolis Fed President Neel Kashkari said he does not know how high interest rates need to go, acknowledging uncertainty about how much further tightening is required to bring inflation back down. The remarks come as markets and policymakers continue to debate whether the Federal Reserve should raise rates further or hold steady, with officials stressing that future decisions will depend on incoming economic data.
Why now: Investors and economists are closely watching Fed officials' signals about the path of interest rates amid persistent inflation uncertainty.
Neel KashkariFederal ReserveMinneapolis Fed
Evidence
- Fed’s Kashkari Says He Doesn’t Know How High Rates Need to Go · Bloomberg.com
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