neel kashkari fed
Minneapolis Federal Reserve president Neel Kashkari participates in the Yahoo Finance All Markets Summit at Union West on Thursday, Oct. 10, 2019, in New York.
  • Interest-rate hikes aren't out of the question, Minneapolis Fed President Neel Kashkari said.
  • "If we get surprised by the data, then we would do what we need to do," he said.
  • Most central bankers favor a policy pause as they wait for inflation to fall towards the 2% target.

As markets debate the timing of when interest rates could finally ease, investors shouldn't be so sure rate hikes won't resume. 

According to Minneapolis Federal Reserve Bank president, Neel Kashkari, monetary policy is likely restrictive enough for now, but no central banker can say with certainty that more rate hikes are completely out of the question.