GKB Sees Persistent Inflation Limiting Scope for Fed, ECB Rate Cuts
GKB warns that persistent inflation could limit the scope for Federal Reserve and European Central Bank rate cuts.
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Schmid pushed back on the idea that the Fed’s inflation objective requires a response to any particular set of prices, including AI-related technology goods.
M impact | CENTRAL_BANK | Nov 15, 2026, 06:40 PM UTC
It is not the Fed’s role to influence the price of any single good or service
H impact | CENTRAL_BANK | Nov 15, 2026, 06:40 PM UTC
would push back on idea that Fed inflation target demands response from specific prices such as ai-related tech goods
H impact | CENTRAL_BANK | Nov 15, 2026, 06:40 PM UTC
Kansas City Fed Chief Says Inflation Still Needs Work
Jeff Schmid said the Federal Reserve has the tools and responsibility to address price pressures that are running too hot.
M impact | CENTRAL_BANK | Nov 15, 2026, 06:40 PM UTC
SCHMID: FED, THROUGH ITS INFLUENCE ON DEMAND, HAS TOOLS AND RESPONSIBILITY TO ADDRESS INFLATION
H impact | CENTRAL_BANK | Nov 15, 2026, 06:40 PM UTC