KASHKARI says Fed must focus on rising inf risk; too early to predict timing of next rate move; Middle East war inf shock may persist and is showing up in bond market; inf risk now outweighs labor‑market deterioration though Fed must monitor both; su

2026-05-27

KASHKARI says Fed must focus on rising inf risk; too early to predict timing of next rate move; Middle East war inf shock may persist and is showing up in bond market; inf risk now outweighs labor‑market deterioration though Fed must monitor both; supports neutral forward guidance and backed April hold