Minneapolis Federal Reserve President Neel Kashkari said many US economic sectors faced rapidly rising prices and were struggling to adjust to reopening after the shutdown.

World Business Watch: Fed's Kashkari says many US sectors struggling to adjust to reopening

At a glance, the Federal Reserve has set a high bar for any change in interest rates this year: A "material reassessment" of the economic outlook would be required as set forth by the US central bank chief Jerome Powell.

For US Fed, 'material reassessment' may be in eye of beholder

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World Business Watch: Fed's Kashkari says many US sectors struggling to adjust to reopening

For US Fed, 'material reassessment' may be in eye of beholder