[Federal Reserve's Kashkari: Expecting One More Rate Hike This Year, Another Next Year] BlockBeats News, October 1, 2026 FOMC voting member and Minneapolis Fed President Kashkari stated: 'Inflation remains too high, currently around 3%, and the latest data has not changed this situation. Despite facing shocks, the economy remains strong for now. The longer the economy stays strong, the more I question the degree of monetary policy tightening. My expectation is one more rate hike this year and another in 2027. I hope the Federal Reserve can reduce inflation through moderate actions.'