Feds Kashkari: Doesnt think the interest rate hike cycle is over, prefers to tighten monetary policy

Odaily News Fed Kashkari does not believe that the interest rate hike cycle is over. Kashkari said in an interview that he would rather tighten monetary policy too much than do too little to bring inflation down to the Feds 2% target. Insufficient tightening will not allow us to return to 2% inflation within a reasonable period of time, he said, adding that more information is needed to make firm decisions on future interest rate moves. I cant say we are in a good position yet. situation. (WSJ)