Kashkari: Rate Cuts Off Table If Inflation Persists, May Need Rate Hikes
- Fed's Kashkari Sustained inflation in March could eliminate rate cuts this year
- Rate hikes "definitely not off the table" if inflation persists at current levels
- Kashkari questions need for rate cuts with economy's current momentum
- May advocate keeping rates unchanged for extended time to curb inflation
- Would consider raising rates if convinced that's needed to reduce inflation
