Kashkari says Fed rate path will depend on economic performance

Federal Reserve official Neel Kashkari said the path of future interest rates will depend on how the economy performs, according to a ChainCatcher news brief. He also said the Fed may need to raise rates more aggressively than the market currently expects. The brief did not provide additional details on timing, policy meetings, or specific rate levels. The remarks point to a policy stance that remains tied to incoming economic data rather than a fixed preset path. ChainCatcher cited Kashkari as saying that stronger action could be needed if conditions warrant it, with the key comparison being against current market expectations for rate hikes.