Kashkari: Rate Cuts Possible in 2023 But On Hold if Inflation Stalls
- Kashkari said he penciled in two 2023 interest rate cuts last month, but may not be needed if inflation stalls
- Momentum in economy could allow Fed to hold rates at 5.25-5.50% range longer
- Further rate hikes not likely but not off the table if inflation persists
- 2024 rate cuts under threat if inflation continues to stall
- Kashkari will question need for rate cuts if inflation moves sideways
