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Add as a preferred source on GoogleKansas City Fed President Jeffrey Schmid Says Inflation Is Still Overheated
He said inflation is clearly above the Federal Reserve’s 2% target and the central bank still has work to do to curb it.
Jeffrey Schmid, president and CEO of the Federal Reserve Bank of Kansas City, said inflation remains clearly above the Federal Reserve’s 2% target and the central bank still has work to do to curb it.
Schmid described inflation as still overheated. His remarks focused on the Fed’s effort to bring inflation under control.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.