Fed may not be able to engineer higher inflation: Kashkari

The Federal Reserve should not cut interest rates unless there is hard data signaling economic weakness ahead, Minneapolis Fed President Neel Kashkari said on Thursday, and should not rely on a rate cut to try to kickstart a healthier level of inflation.

JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/6ftnjS1DZDs/fed-may-not-be-able-to-engineer-higher-inflation-kashkari-idUSKCN1SM2CN