Kansas City Fed Chief Says More Work Needed on Inflation
The Kansas City Fed chief said the Fed has more work to do on inflation.
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Schmid Says Fed Inflation Goal Does Not Require Reaction to Specific Prices
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
Fed’s Schmid: inflation running too high, central bank has some work to do on inflation
H impact | CENTRAL_BANK | Nov 15, 2026, 06:40 PM UTC