More from Fed's Kashkari: Fed has more work to do to get inflation under control

<p>Minneapolis Federal Reserve Bank President Neel Kashkari had comments earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-kashkari-says-hes-not-convinced-fomc-rate-hikes-are-over-20231106/" target="_blank" rel="follow" data-article-link="true">Fed's Kashkari says he's not convinced FOMC rate hikes are over</a></li></ul><p>More now, this time speaking with Fox:</p><ul><li>
Economy has proved to be very resilient, inflation has come down
</li><li>Making progress on
inflation, job market is strong</li><li>Fed has more work to
do to get inflation under control</li><li>American consumers
continue to spend</li><li>Need to finish the
job on lowering inflation</li><li>'Nervous' over
declaring premature victory over inflation</li><li>US economy is so far
ahead of foreign economies</li></ul><p>I'm just gonna quietly add down here that I think there is something to be said for the view that the FOMC is not finished yet. Inflation has remained sticky in the US and my very well require a further rate hike (or hikes). Yes, I know the economy is showing signs of easing back and there is a danger of rate hikes while the economy even slows. Thats why the word 'stagflation' was invented ;-). Anyway, its too early to talk about that, but if inflation rises the Fed have a further job to do, uglay as it may get for the economy. </p>

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