War Creates Uncertainty for Rate Path Says Fed's Kashkari (Full Panel)
March 3, 2026 at 06:04 PM
By Bloomberg
Federal Reserve Bank of Minneapolis President Neel Kashkari, who had penciled in one interest-rate cut this year, said the attacks on Iran make him less certain about that.
“Now, with the geopolitical events, we need to get a lot more data in,” Kashkari said Tuesday at the Bloomberg Invest conference in New York.
Kashkari added that the key question right now for inflation is how persistent higher energy prices are. The price of oil surged Monday and Tuesday after the US and Israel attacked Iran and signaled the conflict could last for weeks. (Source: Bloomberg)
💡Analysis & Context
Federal Reserve Bank of Minneapolis President Neel Kashkari, who had penciled in one interest-rate cut this year, said the attacks on Iran make him le Federal Reserve Bank of Minneapolis President Neel Kashkari, who had penciled in one interest-rate cut this year, said the attacks on Iran make him le Monitor developments in War for further updates.
📋 Quick Summary
Federal Reserve Bank of Minneapolis President Neel Kashkari, who had penciled in one interest-rate c
Federal Reserve Bank of Minneapolis President Neel Kashkari, who had penciled in one interest-rate cut this year, said the attacks on Iran make him less certain about that.
“Now, with the geopolitical events, we need to get a lot more data in,” Kashkari said Tuesday at the Bloomberg Invest conference in New York.
Kashkari added that the key question right now for inflation is how persistent higher energy prices are. The price of oil surged Monday and Tuesday after the US and Israel attacked Iran and signaled the conflict could last for weeks. (Source: Bloomberg)
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