Federal Reserve Bank of Minneapolis President Neel Kashkari.

  • US rates probably have to go a little bit higher, be held there for longer, to cool things off -
  • Falling inflation next year might justify backing off the federal funds rate to stop it from getting tighter
  • I am one of the FOMC policymakers who sees one more rate hike this year

Reuters note that:

  • remarks made earlier on Monday and now posted on Minneapolis Fed website

Earlier:

Fed Kashkari