Fed's Kashkari upbeat on 2026, expects inflation to moderate

Jan 14 (Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday he’s optimistic about the economic outlook and expects inflation to wane, but it’s unclear by how much.

“My outlook for the U.S. economy is one of pretty good growth going forward,” the official said in a virtual event. “I think inflation is heading down…The question is, is it going to be two and a half percent by the end of the year, something short of that, or something above that? I don't know.”