Minneapolis Federal Reserve Bank President Neel Kashkari spoke with CBS News in an interview on Sunday.
I posted the main points here earlier:
The full transcript of the interview is available here if you’d like more details:
- We need to get inflation all the way back down to 2%.
- We’re making good progress, and we’re staying on it. If we need to hike- raise rates further from here, we will do so.
- But we’re gonna let the data guide us and not prejudge the outcome.