Kashkari Says Inflation Impacting Widespread Aspects of US Economy

Federal Reserve Bank of Minneapolis President Neel Kashkari has expressed concerns over inflation in the US economy. In an interview on Fox News' Sunday Morning Futures, Kashkari stated that the 'inflation that the American people are feeling every day is much beyond just oil prices, it’s in all aspects of the economy.'

Kashkari's comments come as the US continues to grapple with rising inflation rates. He emphasized that the broadening of inflationary pressures goes beyond the initial shock caused by the Iran war, which led to a spike in oil prices.