Fed's Kashkari: If inflation cools, it may be appropriate to cut rates once or twice later this year

Jinse Finance reported that Federal Reserve's Kashkari stated that the U.S. economy does not require restrictive policies and does not want to repeat the mistake of the "transitory" misjudgment. Before the Iran war, the inflation trend was positive, but now the conflict has made the outlook for monetary policy uncertain. As the prospect is overshadowed by the threat of war, the Federal Reserve can wait and see. He also mentioned that if inflation cools down, it may be appropriate to cut interest rates once or twice later this year.