Fed Kashkari: Once inflation returns to 2%, the Fed will be able to reduce

Everyone at the Fed says the same thing, but the timelines differ. They all want to wait until inflation falls to 2%, but they have differing opinions on when that will happen.

I think what is ultimately important is that when growth stumbles, they translate that into falling inflation (perhaps a little late) and signal cuts.

Even though their predictions are different, they all depend on data.

These latest comments came from an interview with Fox Business.