Kashkari Warns Inflation Remains High Across All US Sectors

Minneapolis Federal Reserve President Neel Kashkari said inflation remains too high across all sectors of the US economy. He emphasized that even excluding food and volatile energy prices, inflation is still a concern for many Americans.

Kashkari made his remarks on Fox News' 'Sunday Morning Futures,' stating, 'The inflation that the American people are feeling every day is much beyond just oil prices. It's in all aspects of the economy.'

He also noted that the Federal Reserve has the tools to bring down inflation and expressed hope that other parts of the government and private sector would help the economy return to normal.