Inflation remains too high across the U.S. economy, Minneapolis Federal Reserve President Neel Kashkari said, arguing that price pressures persist even after excluding volatile energy and food costs. Kashkari supported the unanimous vote last week to raise interest rates by a quarter percentage point to 3.75%-4.00%. He was also one of three officials who favored a rate increase at the Federal Reserve's prior meeting, when the majority of the Federal Open Market Committee (FOMC), the panel that sets U.S. monetary policy, left rates unchanged. Kashkari said the Federal Reserve would do its part and expressed hope that other parts of the economy would help as conditions return to normal.