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Kansas City Fed Chief Warns Interest Rates May Need Further Increases
Kansas City Federal Reserve President Jeffrey Schmid indicated that benchmark interest rates may require additional increases to effectively combat persistent inflation. He emphasized that current monetary policy remains insufficiently restrictive to fully stabilize price growth.
27 Aug, 12:08 — 27 Aug, 13:13
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Source Diversity
Moderate (37/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
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Left (2)
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seeking-alpha
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Geographic diversity— 1 region4/34
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cnbcMostly Factual2h ago
Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive
The policymaker stopped just short of calling for an interest rate hike.
Read full article →YahooMostly Factual1h ago
Kansas City Fed's Jeffrey Schmid warns rates may need to rise
Read full article →seeking-alphaMixed2h ago
More work needs to be done to bring down inflation, Kansas City Fed's Schmid says
Read full article →Coverage Timeline
First report: seeking-alpha · 27 Aug, 12:08|Full coverage: 3 · 1h|Window: 1h
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