May 13 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said on Wednesday that the U.S. labor market looks “a bit better” than it did earlier this year, while the Iran war has worsened inflation that already was running too high, views that underscore his preference for leaving the Fed’s door open to possible rate hikes.
“It’s our job to get inflation back down,” Kashkari said at a St. Paul Area Chamber event in St. Paul, Minnesota.Â
(Reporting by Ann Saphir; Editing by Nia Williams)
