Business

Fed's Kashkari on Inflation

Updated 2026-10-01 16:40 UTC 1 source Negative

Federal Reserve Bank of Minneapolis President Neel Kashkari states that inflation remains too high despite lower PCE data. This comes as the Bureau of Economic Analysis reported August’s annual inflation rate was above the central bank’s 2 percent target.

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The Hill

Fed's Kashkari says inflation 'still too high' despite lower PCE data than expected

Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday that inflation remains “too high,” after the the Bureau of Economic Analysis (BEA) released data showing that annual inflation remained above the central bank’s 2 percent target in August. “Inflation is still too high,” Kashk

2026-10-01 15:58 UTC