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.

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

The Federal Reserve might have to rethink another cut at its December meeting if inflation surprises 'to the upside' over the next month, Minneapolis Fed president Neel Kashkari told Yahoo Finance.