Kashkari says ‘not sure’ on Fed rate moves by September

People ride scooters past the Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Tuesday, Aug. 18, 2020. In addition to helping rescue the U.S. economy amid the coronavirus pandemic, Fed Chair Jerome Powell and colleagues also spent 2020 finishing up the central bank’s first-ever review of how it pursues the goals of maximum employment and price stability set for it by Congress. Photographer Erin Scott/Bloomberg

TOKYO: Federal Reserve (Fed) Bank of Minneapolis president Neel Kashkari says major shifts in US trade and immigration policy are creating uncertainty for Fed officials to move on interest rates before September, as the Trump administration continues tariff talks with numerous governments.

“Anything is possible,” Kashkari said yesterday in an interview on Bloomberg Television in Tokyo.