Fed’s Schmid: Inflation is too hot
Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said that he prefers to keep the monetary policy modestly restrictive, as cutting rates could worsen the inflation situation at the Economic Club of Kansas City on Thursday.
Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said that he prefers to keep the monetary policy modestly restrictive, as cutting rates could worsen the inflation situation at the Economic Club of Kansas City on Thursday.
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