Published Jun 26, 2026, 11:28 AM ET · Updated 5 months ago · 1 source

Kashkari Says Fed May Need to Raise Rates Amid Broad Inflation

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Kashkari Says Fed May Need to Raise Rates Amid Broad Inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari said signs of widespread inflation led him to pencil in one interest-rate increase for this year in the central bank’s economic projections released earlier this month.