Fed's Schmid Warns More Cuts May Stoke Inflation Risks
Federal Reserve Bank of Kansas City President Jeff Schmid says rate cuts "could have longer-lasting effects on inflation as our commitment to our 2% objective increasingly comes into question" during...
By Bloomberg Markets · Bloomberg Markets
Federal Reserve Bank of Kansas City President Jeff Schmid says rate cuts "could have longer-lasting effects on inflation as our commitment to our 2% objective increasingly comes into question" during the 2025 Energy Conference hosted by the Federal Reserve Banks of Kansas City and Dallas in Denver. (Source: Bloomberg)