Back to today’s briefing

Story perspectives

Inflation Still 'Too High,' Fed Faces Tough Challenges

9/4/2025

38 7

Summary

Story summary

Minneapolis Fed President Neel Kashkari indicated that inflation is still "too high" despite a cooling labor market.
He highlighted the difficulties the Fed encounters in achieving maximum employment while maintaining stable prices.
Kashkari mentioned that tariffs are driving goods inflation, hindering progress toward the 2% inflation target.

1 of 1

Story summary

Minneapolis Fed President Neel Kashkari indicated that inflation is still "too high" despite a cooling labor market.
He highlighted the difficulties the Fed encounters in achieving maximum employment while maintaining stable prices.
Kashkari mentioned that tariffs are driving goods inflation, hindering progress toward the 2% inflation target.