Minneapolis Fed President Neel Kashkari speaks during an interview at Reuters in New York
Thomson Reuters
- Minneapolis Fed President Neel Kashkari suggested interest rates are likely to stay put for an extended period.
- Resilient housing inflation shows that Fed policy may still not be restrictive enough, he said.
- Strong housing demand suggests the neutral rate for the housing market may have risen since the pandemic.
There are signs that the Federal Reserve's...