Fed's Kashkari says Iran war obscures monetary policy outlook

NEW YORK, March 3 (Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari said Tuesday that the Iran conflict has increased uncertainty about the outlook and made it harder to know what lies ahead for central bank interest rate policy.

When it comes to the outlook “I had a lot of confidence up until a couple of days ago,” Kashkari said at an event held by Bloomberg in New York. Having had an expectation of one rate cut this year, now “I just need to see” how the data reacts to the war to know what needs to happen, he said.