Fed Kashkari: The interest rate hike cycle is not over yet and would rather tighten monetary policy excessively

According to King Ten, the Federal Reserve Kashkari said that the interest rate hike cycle is not over yet. He believes that in order to reduce inflation to the Fed's 2% target level, it would rather tighten monetary policy too much than do too little. Kashkari said that insufficient tightening will not allow the United States to return to 2% inflation within a reasonable time, and more information is needed to make a firm decision on future interest rate measures.