https://www.live-feeds.com/feed/transcript-neel-kashkari-minneapolis-fed-president-and-ceo-on-face-the-nation-with-margaret-brennan-aug-23-2026Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/transcript-neel-kashkari-minneapolis-fed-president-and-ceo-on-face-the-nation-with-margaret-brennan-aug-23-2026https://www.live-feeds.com/feed/transcript-neel-kashkari-minneapolis-fed-president-and-ceo-on-face-the-nation-with-margaret-brennan-aug-23-2026#u48227Tue, 25 Aug 2026 10:20:20 +0000Minneapolis Fed President Neel Kashkari stated on August 23, 2026, that he lacks confidence in inflation reaching the Federal Reserve's 2% target without further rate increases. Despite a surge in Treasury yields, Kashkari maintains that the U.S. Treasury market is functioning normally and that long-term yields are driven by fundamentals. He remains focused on inflation, though some reports suggest he views a North American trade war as a new headwind that could prevent inflation from easing in the short term.Why it mattersThe Federal Reserve manages U.S. monetary policy to balance maximu