Here's your summary from Fed's Kashkari Says He Won't Rule Out Rate Hikes (https://www.youtube.com/watch?v=K2ie1BWINj0) on the Bloomberg Television channel:
**TLDR:** Fed's Kashkari does not rule out potential interest rate increases but emphasizes the need to wait for more data on inflation before making a decision.
1. The Federal Reserve FOMC's expectation is for rate cuts to come as they approach their 2% inflation target.
2. Most colleagues have suggested pausing on rate cuts to gather more data on inflation before making a decision.
3. Kashkari believes sitting at the current interest rate for an extended period is more likely, but potential rate increases are not ruled out.
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