Neel Kashkari. (Photographer: Victor J. Blue/Bloomberg.) Neel Kashkari. (Photographer: Victor J. Blue/Bloomberg.)

Federal Reserve Bank of Minneapolis President Neel Kashkari said the U.S. central bank's policy stance is restrictive, but policymakers haven't entirely ruled out additional interest rate increases.

"I don't think anybody has totally taken rate increases off the table," Kashkari said Tuesday at an event in London. "I think the odds of us raising rates are quite low, but I don't want to take anything off the table."

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