fullscreen

eFinder

eFinder

Daily Briefing
Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive

Kansas City Federal Reserve President Jeffrey Schmid said Thursday that inflation is still too high, though he stopped short of calling for an interest rate hike. Speaking from the central bank's annual symposium in Jackson Hole, Wyoming, that the Kansas City Fed hosts, Schmid said in a CNBC interview that inflation has proven resilient. "It's…

Story intelligence

0 claims checked
0Topics
0%Risk score
2 min readRead time
141846Articles analyzed
10Techniques tracked
15Sources monitored
LiveUpdated feed