Federal Reserve Inflation Fight

Federal Reserve officials remain uncertain about final interest rate peaks while fighting inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari has stated that he doesn't know how high interest rates will need to go to cool prices, stating that it's the central bank's job to tame inflation after five years of supply shocks. Kashkar: "We will do what we need to do to get inflation back down to our target. The question is ultimately how high rates should be, but he doesn’t know.