Minneapolis Fed President Neel Kashkari: Inflation Remains Too High
Neel Kashkari, president of the Federal Reserve’s Minneapolis branch, stated that inflation in the United States is still too high, days after the central bank implemented an interest rate hike.
Baltimore, MD, September 21, 2026 —
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, has indicated that inflation in the United States continues to be a significant concern. Kashkari stated that inflation is still too high, a sentiment he shared days after the Federal Reserve’s latest action to adjust interest rates.
The Federal Reserve recently implemented an interest rate hike. The specific details regarding the magnitude of this hike and the exact date it was implemented were not provided in the available information. Following this monetary policy adjustment, Kashkari’s remarks underscore the central bank’s ongoing focus on price stability.
Kashkari’s assessment suggests that despite recent policy actions, the Federal Reserve may still face challenges in bringing inflation down to its target levels. The precise target for inflation and the current inflation rate were not detailed. The remarks come at a critical juncture as policymakers navigate economic conditions and consider future monetary policy decisions.
The statement from the Minneapolis Fed president highlights the complex economic landscape and the Federal Reserve’s commitment to addressing inflationary pressures. Further details on the specific economic indicators influencing Kashkari’s view and the Federal Reserve’s future strategies were not immediately available.
Story summarized from the original created by Julia Shapero on thehill.com, see more information here.
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