The headline numbers from the October consumer price report show that "inflation is headed in the right direction," Federal Reserve Bank of Minneapolis President Neel Kashkari said on Wednesday. Speaking in an interview with Bloomberg Television,

Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently "modestly restrictive," with short-term borrowing costs continuing to slow inflation and the economy,

The Federal Reserve will wait and see how President-elect Donald Trump’s policies on tariffs and immigration are implemented before projecting their economic effects, according to Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis.