Fed's Kashkari Urges Continued Efforts to Tackle Inflation

Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated that the U.S. central bank still has more work to do in controlling inflation, despite the resilience of the economy. Kashkari's comments suggest that he is leaning towards raising interest rates again, as recent inflation data has been positive but he remains cautious and wants to see more data before deciding on the Fed's next move.