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Fed's Schmid Says Officials Have Work To Do On Inflation; Energy Prices Are One Of The Biggest Challenges For Monetary Policy Today
Kansas City Fed President Jeff Schmid said officials still have work to do on inflation.
Boston Fed's Collins stated the economy is robust but inflation remains too high. KC Fed's Schmid noted work remains on inflation, and Richmond Fed's Barkin indicated rates are up.
Fed's Schmid: Officials have work to do on inflation.
US labor market data will dominate the week, with Friday's payrolls report expected to show 100,000 jobs added in September. Micron, Nike and several Fed officials are also on the calendar.