Fed’s Kashkari: Inflation still too high in ‘all aspects’ of economy

Neel Kashkari, president of the Federal Reserve's Minneapolis branch, said Sunday that inflation is "still too high" in "all aspects" of the economy, days after the central bank raised interest rates. Even stripping out volatile energy and food prices, price pressures remain elevated, he said, signaling the Fed may need to keep policy restrictive for longer.