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Kashkari Sees One More Fed Rate Hike in 2026 and Another in 2027
He also said the Federal Reserve’s balance sheet works best near zero rates and called a strategy review reasonable.
Federal Reserve official Kashkari expects the central bank to raise interest rates once more in 2026 and again in 2027.
Kashkari also said the Federal Reserve’s balance sheet is most effective when interest rates are close to zero. He described the balance sheet’s size as a complex issue and said revisiting the central bank’s strategy would be reasonable.
Kashkari added that he is optimistic about artificial intelligence while weighing the risks tied to the technology.
