Fed's Kashkari (2026 Voter) says he does not have a strong view about an October rate hike; is open minded about how fast Fed should hike rates; pencilled in one more hike this year and another in 2027

No sense monetary policy providing much restraint at current moment doesn't see meaningful tightening in financial conditions given data Economy has outperformed expectations since Fed's September policy meeting Has some confidence inflation will fade, but shocks keep happening September rate hike showed Fed will act to lower inflation; Markets now see that Fed Chairman warsh will act to cool inflation Depending on economy's performance, Fed may have to hike more than expected Supply shocks should fade, rate hikes are aimed at tempering price expectations