Kashkari sends hawkish signal as Fed tightening bets ease

  • Neel Kashkari delivered a hawkish signal on U.S. monetary policy.
  • Kashkari spoke Wednesday at the Council on Foreign Relations in New York.
  • Markets had begun reducing bets on further near-term Federal Reserve tightening.

Minneapolis Federal Reserve Bank President Neel Kashkari delivered a hawkish signal Wednesday as markets began reducing bets on further near-term tightening by the U.S. Federal Reserve. Speaking at the Council on Foreign Relations in New York, Kashkari addressed inflationary pressures, although the provided statement ends before his point is completed.

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