Federal Reserve Bank of Minneapolis President Neel Kashkari said he’ll be looking at incoming inflation data to determine whether another interest-rate cut is appropriate at the US central bank’s December meeting.

Minneapolis Federal Reserve Bank President Neel Kashkari said on Wednesday that he is confident inflation is headed down, noting that data released minutes earlier 'confirms' that downward path.

An interest-rate cut in December may not happen if inflation surprises to the upside, Minneapolis Federal Reserve President Neel Kashkari said on Tuesday.