{
  "id": 8801576,
  "title": "Fed’s Kashkari: Inflation is still too high in “all aspects” of US economy",
  "url": "https://urgent.news/2026/09/20/feds-kashkari-inflation-is-still-too-high-in-all-aspects-of-us-economy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T23:57:13.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/feds-kashkari-inflation-is-still-too-high-in-all-aspects-of-us-economy-202609202357"
  },
  "original_language": "en",
  "account": "Minneapolis Federal Reserve President Neel Kashkari emphasized on Sunday that inflation remains excessively high across the entire US economy, not just due to escalating oil prices, according to Reuters. He stressed that inflation pervades beyond oil prices and necessitates a multi-faceted approach involving other government sectors, alongside growth and resilience despite ongoing conflicts. The US economy appears robust despite the challenges. Kashkari also noted signs of improving productivity, offering hope that the economy's expansion can help bring down inflation. The US Dollar Index (DXY) was trading 0.07% higher on the day, reaching 100.30. The FXS Speechtracker score of 6.2/10 was nearly identical to the long-standing 6.3/10 historical average, indicating a steady, moderately hawkish tone rather than a significant shift. Kashkari's assertion that inflation \"remains too high\" across various sectors, coupled with remarks on robust growth, resilience amidst wars, and improving productivity, underscores a narrative of enduring price pressures tempered by solid fundamentals. He emphasized that while the bond market falls under the Treasury's purview, the labor market is still strong. The Federal Open Market Committee (FOMC) meets eight times a year to evaluate economic conditions and make monetary policy decisions. The FOMC comprises twelve officials, including the seven Governors of the Federal Reserve Board, the president of the Federal Reserve Bank of New York, and four regional Reserve Bank presidents, who serve one-year terms in a rotating schedule. Although the Fed's hawkish stance has slightly softened, with the FXS Fed Sentiment Index falling by 1.47 points to 150.61, the overall tone remains firmly above the neutral 100 mark, signaling that the Fed can be patient but not complacent in its approach to inflation.",
  "summary": "Minneapolis Federal Reserve (Fed) President Neel Kashkari said that inflation is too high across all sectors of the US economy, not just in rising oil prices, Reuters reported on Sunday.",
  "key_points": [
    "Inflation remains excessively high across the entire US economy, not just due to oil prices",
    "Kashkari stresses multi-faceted approach involving other government sectors",
    "US Dollar Index (DXY) trading 0.07% higher at 100.30"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Fed’s Kashkari says inflation is still too high in ‘all aspects’ of US economy",
        "url": "https://urgent.news/2026/09/20/feds-kashkari-says-inflation-is-still-too-high-in-all-aspects-of-us",
        "published": "2026-09-20T22:09:22.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Fed's Kashkari says US inflation remains too high",
        "url": "https://urgent.news/2026/09/21/feds-kashkari-says-us-inflation-remains-too-high",
        "published": "2026-09-21T00:16:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}