Federal Reserve's Kashkari: If inflation cools down, it may be appropriate to cut interest rates by one or two times later this year.

Federal Reserve’s Kashkari states that the U.S. economy does not require restrictive policies and does not want to repeat the mistake of “temporary” misjudgments; before the Iran conflict, inflation was trending upward, but now the conflict has made the outlook for monetary policy uncertain; with the war clouds looming, the Fed can wait and see. He also mentioned that if inflation cools down, it might be appropriate to cut interest rates once or twice later this year.