Fed's Kashkari: "If we need to hike- raise rates further from here, we will" – full text

<p>Minneapolis Federal Reserve Bank President Neel Kashkari spoke with CBS News in an interview on Sunday.</p><p>I posted the main points here earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-kashkari-september-federal-open-market-committee-fomc-rate-rise-is-data-dependent-20230730/" target="_blank" rel="follow" data-article-link="true">Fed's Kashkari- September Federal Open Market Committee (FOMC) rate rise is data dependent</a></li></ul><p>The<a href="https://theworldnews.net/us-news/transcript-neel-kashkari-on-face-the-nation-july-30-2023" target="_blank" rel="nofollow"> full transcript of the interview is available here </a>if you'd like more details:</p><ul><li>We need to get inflation all the way back down to 2%. </li><li>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. </li><li>But we're gonna let the data guide us and not prejudge the outcome.</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.