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Federal Reserve official Neel Kashkari suggests the need for more time to assess the direction of inflation. Kashkari emphasizes the importance of understanding underlying demand in the economy to address inflation. He indicates a likelihood of keeping interest rates unchanged for an extended period.
Fed's Kashkari: rates should stay on hold 'for a while longer' https://t.co/4inRXCq0rS https://t.co/tn4znFHJau
Fed’s Kashkari Sees Rates on Hold for Longer https://t.co/ng2DnCXciX
Fed's Kashkari: ‘Big Question’ Is How Restrictive Policy Currently Is - ‘Probably Need To Sit Here For A While Longer’ To Figure Out Where Inflation Is Headed