Kashkari sees more rate hikes ahead

Minneapolis Fed President Neel Kashkari expects additional rate increases to restrain the economy. He remains unsure whether the next hike should happen later this month.

Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, attends an interview with Reuters in New York City, New York, US, October 1, 2026. REUTERS/Brendan McDermid

Minneapolis Federal Reserve President Neel Kashkari said Thursday afternoon he expects further rate hikes through 2027. He remains undecided on whether the next increase should occur at the central bank's upcoming meeting.

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