Nick Timiraos(@NickTimiraos):Kashkari: “To manage against the risk that high inflation could become entrenched, I would rather tighten policy incrementally as we gather more data on the path of inflation and employment. If inflation remains elevated, in my view, a potential series of small policy moves would be better than waiting and eventually concluding that even bolder actions were necessary.”

2026.07.31 12:07

Kashkari: “To manage against the risk that high inflation could become entrenched, I would rather tighten policy incrementally as we gather more data on the path of inflation and employment. If inflation remains elevated, in my view, a potential series of small policy moves would be better than waiting and eventually concluding that even bolder actions were necessary.”

Minneapolis Fed@MinneapolisFed

2026.07.31 12:06

Statement on my FOMC Dissent A gradual tightening of policy now is preferable to a bolder action later Read President @neelkashkari's full statement here: