Kashkari: May need to raise rates under certain circumstances, open to concerns raised by Warsh

Odaily reported that Fed's Kashkari said an open mind needs to be maintained regarding the future of interest rate policy; the longer the war lasts, the greater the inflationary pressure. In certain circumstances, the Fed may need to raise interest rates. Even if the war ends completely now, it will take months for supply chains to recover. There is significant concern about the downside risks brought by the war. The challenge facing the Fed is uncertainty about the path of inflation. He looks forward to cooperating after Warsh's nomination is confirmed and is open to some of the concerns Warsh has expressed. (Jin Shi)