Federal Reserve official Kashkari: there may be more work to be done to reduce inflation

FAP, May 15 / PRNewswire-Asianet /-- Minneapolis Fed President Neel Kashkarif said: "the labor market is still very hot and we have not seen a significant cooling. This tells me that we still have a long way to go before inflation falls. Most importantly, we should not be deceived by months of positive data. Inflation is still well above the 2% target, and we need to finish this work. "