Kashkari: US Inflation Broadens Beyond Oil Price Movements

Fed's Kashkari: Inflation Remains Too High

Minneapolis Fed President Neel Kashkari reiterated in a Fox News interview that inflation remains elevated relative to the Federal Reserve's 2% target. With PCE at 3.7% and recent strong US jobless claims and retail sales data signaling persistent demand, traders are watching whether hawkish Fed rhetoric will shift rate-cut expectations ahead of the 25 September consumer-sentiment and inflation-expectations revisions.

https://x.com/financialjuice/status/2101683121573793968

Fed's Kashkari Says Labor Market Remains Robust

Minneapolis Fed President Kashkari reinforced that the labor market is holding strong, a key input into Fed rate decisions alongside sticky PCE inflation at 3.7%. Traders are watching whether wage pressures persist; next week's jobless claims and revised sentiment data will test whether tightness translates to inflationary pressure on wages.

https://x.com/financialjuice/status/2101684168623091750

Fed's Kashkari: Growth Can Help Reduce Inflation Pressures

Minneapolis Fed President Kashkari expressed optimism that economic growth can help bring inflation down toward the 2% target, addressing the persistent 3.7% PCE gap that underpins current Fed policy decisions. His remarks feed into expectations around the central bank's reaction function as strong labour and demand data raise questions about whether the inflation path justifies rate cuts.

https://x.com/financialjuice/status/2101683931334529033

Fed's Kashkari: Core Inflation Still Too High Across US Economy

Minneapolis Fed President Neel Kashkari said core inflation—stripping energy and food—remains elevated above the Fed's 2% target. With PCE core inflation at 3.7%, this reinforces the central bank's cautious stance ahead of the rate decision, keeping USD supported as markets reassess terminal rate expectations.

https://www.cnbc.com/2026/09/20/feds-kashkari-economy-inflation.html

Fed's Kashkari Says US Inflation Still Too High

Minneapolis Fed President Kashkari stated inflation remains elevated across the US economy, reinforcing the central bank's hawkish stance on price pressures. With PCE at 3.7% versus the 2% target, this commentary supports expectations for sustained higher rates. USD strength likely, pending next week's unemployment claims and consumer sentiment revisions.

https://x.com/CNBC/status/2101719876435877905