FED'S KASHKARI SAYS THE ECONOMY REMAINS ROBUST DESPITE SHOCKS, WITH CONSUMERS CONTINUING TO SPEND AND JOB SEEKERS FINDING EMPLOYMENT, AND EXPECTS ONE MORE RATE INCREASE THIS YEAR AND ANOTHER IN 2027, ADDING THAT 'THE LONGER THE ECONOMY REMAINS ROBUST, THE MORE I QUESTION THE TIGHTNESS OF MONETARY POLICY' AND THAT THE NEUTRAL RATE IS PROBABLY HIGHER, AT LEAST FOR NOW.
(@FirstSquaw)