Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive
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Source: CNBC
Published: 2026-08-27 22:20 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Politics, Education, Economy & Finance, Business & Economy
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Snippet:
Kansas City Federal Reserve President Jeffrey Schmid said Thursday that inflation is still too high, though he stopped short of calling for an interest rate hike.
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