More from Fed's Kashkari: Rates probably have to a little higher, held there for longer

<p>Federal Reserve Bank of Minneapolis President Neel Kashkari.</p><ul><li>
US rates probably have to go a little bit higher, be held there for
longer, to cool things off -</li><li>Falling inflation
next year might justify backing off the federal funds rate to stop it
from getting tighter</li><li>I am one of the FOMC policymakers who sees one more rate hike this year</li></ul><p>Reuters note that:</p><ul><li> remarks made
earlier on Monday and now posted on Minneapolis Fed website</li></ul><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-kashkari-says-there-is-still-more-to-be-done-on-services-inflation-20230926/" target="_blank" rel="follow" data-article-link="true">Fed's Kashkari says there is still more to be done on services inflation</a></li></ul>

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