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CORRECTED-Fed has more work to do, policy uncertainty is complicating it: Kashkari

ReutersMar 26, 2025 3:07 PM

- Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said that while the U.S. central bank has made a lot of progress bringing inflation down, "we have more work to do" to get inflation to the Fed's 2% target.

"The biggest challenge for us right now is to finish the job," Kashkari said at the Detroit Lakes Chamber Economic Summit, where he conducted an electronic poll that showed that the key words members of the audience use to describe what is driving their economic outlooks are Trump, tariffs inflation and uncertainty.

"Some of the policy uncertainty that you all talked about in your word cloud is complicating our analysis of the economy," Kashkari said.

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