Home / General / Kashkari: Uncertainty Around Oil Shock Means Fed Should Acknowledge Risk of Rate Hikes

Kashkari: Uncertainty Around Oil Shock Means Fed Should Acknowledge Risk of Rate Hikes

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

By Howard Schneider
WASHINGTON, May 1 (Reuters) – The U.S.-backed war with ⁠Iran ⁠could change the inflation outlook enough ⁠to force the Federal Reserve into “potentially a series” of rate hikes to defend ​the central bank’s 2% inflation target, Min… [2323 chars]

Source: U.S. News & World Report | Published: 2026-05-01T12:02:00Z

Credit: U.S. News & World Report

Tagged: