Kashkari Says He Expects One More Rate Hike This Year

The video discusses the current state of monetary policy, highlighting the possibility of raising interest rates once more this year. It explains how the central bank can set inflation targets and how these targets influence economic equilibrium. The video also examines the economy's resilience, suggesting that if the economy is stronger than expected, interest rates may need to be higher for longer to manage inflation.

What factors should be considered before determining how high interest rates need to go?

What is the significance of the central bank's inflation target?

In what ways can inflation expectations influence economic decision-making?

How does the economy's underlying resilience affect interest rate decisions?

What implications does a stronger-than-expected economy have on future interest rates?