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MNI BRIEF: Kashkari Says Too Soon To Talk About End of Hikes

(MNI) OTTAWA

Minneapolis President remains on the hawkish side of policymaking.

Minneapolis Federal Reserve President Neel Kashkari said Thursday it's too soon to talk about the end of rate hikes because he's not even sure inflation has peaked.

“I’m not seeing much evidence of cooling in this room," he said during a talk to the Minnesota Chamber of Commerce. A San Francisco Fed economist told MNI in an interview this week inflation is likely near a turning point.

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Minneapolis Federal Reserve President Neel Kashkari said Thursday it's too soon to talk about the end of rate hikes because he's not even sure inflation has peaked.

“I’m not seeing much evidence of cooling in this room," he said during a talk to the Minnesota Chamber of Commerce. A San Francisco Fed economist told MNI in an interview this week inflation is likely near a turning point.

Keep reading...Show less