Kashkari Isn't Ready to Say Fed Is Done Raising Rates

The video discusses the current state of interest rates, indicating that while there are positive signs, it's too early to conclude that rate hikes are over. The focus is on monitoring data to decide on future rate cuts, given that core inflation remains high. The video also explores the potential for future adjustments to nominal rates to maintain policy stability, depending on economic data. It highlights that if inflation decreases while nominal rates stay the same, real rates effectively increase.

What signs are being observed that suggest a potential change in the rate-raising policy?

What does the speaker suggest is necessary before deciding to cut rates?

What is the current core inflation rate mentioned in the text?

What is the target inflation rate mentioned in the text?

What could happen if inflation falls while the nominal rate remains the same?