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Live News CENTRAL_BANK FLASH H impact Oct 06, 2026, 05:36 PM UTC

Fed's Schmid: Fed's credibility at stake in fighting inflation

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Fed's Schmid: Work Remains on Short-term Rates Kansas City Fed President Jeff Schmid stated that the Federal Reserve still has work to do regarding short-term interest rates, despite elevated longer-term Treasury yields. Schmid M impact | CENTRAL_BANK | Oct 06, 2026, 06:41 PM UTC Fed's Schmid: The Fed still has work to do on the short rate despite higher long-term yields. H impact | CENTRAL_BANK | Oct 06, 2026, 05:47 PM UTC Kansas City Fed's Schmid: Inflation an 'economic thief,' must address Kansas City Federal Reserve President Tom Schmid stated that inflation is an "economic thief" and that "we have to do something about it." He noted that the Fed is approaching six M impact | CENTRAL_BANK | Oct 06, 2026, 05:46 PM UTC Fed's Schmid: Still Work To Do On The Short Rate Despite Higher Long-Term Yields H impact | CENTRAL_BANK | Oct 06, 2026, 05:46 PM UTC Fed's Schmid: Watching AI's impact on economy, Fed credibility crucial for inflation Kansas City Fed President Tom Schmid stated he is observing how artificial intelligence could alter demand in the economy. He also emphasized the importance of Fed credibility in a M impact | CENTRAL_BANK | Oct 06, 2026, 05:36 PM UTC Fed’s Schmid Calls AI ‘One Of The Largest’ Drivers Of Inflation H impact | CENTRAL_BANK | Oct 06, 2026, 05:34 PM UTC

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