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Fed, This Week and Jeffrey Schmid

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 · 18h · on MSN
Fed's Schmid: Inflation risks remain, economy still showing momentum
By Howard Schneider WASHINGTON (Reuters) -Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high inflation and signs of price pressures spreading in the economy could raise doubts about the central bank's commitment to its 2% inflation target.

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CoinDesk · 17h
Inflation Still Too High — Fed's Jeff Schmid Explains His Vote Not to Cut Rates This Week
 · 18h
Fed's Schmid Says Persistent Inflation Prompted His Dissenting Vote This Week
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