Federal Reserve's Kashkari: May have to wait until 2025 to cut interest rates

ChainCatcher message, Federal Reserve's Kashkari stated that he is surprised by the resilience of the U.S. housing market; once inflation consistently falls back to 2%, we can lower interest rates; we need to be patient until we are sure inflation is declining; perhaps we will have to wait until 2025 to lower interest rates; as political heat rises, the Federal Reserve is more focused on its own mission.