Federal Reserve Bank of Minneapolis President Neel Kashkari said it's too early to determine how the war with Iran might affect US inflation. Speaking on the sidelines of Bloomberg Invest, Kashkari emphasized that the economic consequences of the conflict remain uncertain.

Kashkari's comments come as markets closely watch geopolitical tensions for potential inflationary pressures. The Federal Reserve has been navigating a complex economic environment with persistent inflation concerns and ongoing policy adjustments.

The central banker's remarks highlight the challenges policymakers face in assessing external shocks to the US economy. As the conflict continues, monetary policy decisions will likely depend on how the situation evolves and its ultimate impact on prices and growth.