Fed's Kashkari Signals Potential for More Aggressive Rate Hikes

Federal Reserve official Neel Kashkari stated on October 2 that future interest rate decisions will remain highly data-dependent. He noted that if core inflation and economic activity continue to exceed targets, the Federal Reserve may need to implement more aggressive rate hikes than currently anticipated by the market. Investors are advised to monitor upcoming key macroeconomic data, including non-farm payrolls, CPI, and GDP, to gauge the Federal Open Market Committee's policy trajectory.