Federal Reserve official Kashkari: Inflation remains too high and employment is under pressure

Jinse Finance reported that Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated that "inflation remains too high, currently around 3%." In his opening remarks at a Minneapolis Fed conference on Thursday, Kashkari said, "Certain sectors of the U.S. economy are performing well, but some areas of the labor market are under pressure."