Fed’s Kashkari: Too soon to declare we are stalled out on inflation

• Inflation where it is now is not the new normal, the Fed will achieve 2% inflation
• If we need to hold rates for an extended period, or raise rates, we will do that
• Rate cut this year is still a possibility
• I disagree the Fed should raise inflation target
• If inflation moves sideways and labor market stays strong, we shouldn’t do anything on rates

This article was written by Adam Button at www.forexlive.com. Source