Kashkari first looks at inflation. The Fed's stated inflation target is 2% which Kashkari distinguishes from the ECB's inflation ceiling of 2%. Kashkari goes on the highlight the Fed's inability to accurately forecast inflation, pointing out medium-term inflation forecasts have been too high 100% of the time over the past 5 years.
Finally, Kashkari says the current level of the neutral real interest rate is 'around zero'. With inflation at 1.7% and a target range for the real fed funds rate between -0.95 percent and -0.7 percent, Kashkari sees monetary policy as somewhat accommodative.
I like Kashkari's transparency. His opinion is worth a read.