#Latest news with #fullEmploymentBloomberg10-04-2025BusinessBloombergFed's Schmid Says He's ‘Squarely Focused' on Inflation RisksFederal Reserve Bank of Kansas City President Jeff Schmid said he would prioritize reining in inflation if US central bankers are forced to balance their price stability goal against their mandate for full employment. Schmid said he would be 'hesitant' to take much comfort in the theory that the inflationary hit from tariffs should be temporary. The Kansas City Fed chief said he's concerned about inflation expectations rising in light of consumers' recent experience with higher prices.
Bloomberg10-04-2025BusinessBloombergFed's Schmid Says He's ‘Squarely Focused' on Inflation RisksFederal Reserve Bank of Kansas City President Jeff Schmid said he would prioritize reining in inflation if US central bankers are forced to balance their price stability goal against their mandate for full employment. Schmid said he would be 'hesitant' to take much comfort in the theory that the inflationary hit from tariffs should be temporary. The Kansas City Fed chief said he's concerned about inflation expectations rising in light of consumers' recent experience with higher prices.
10-04-2025
