EconomyKansas City Fed's Schmid calls inflation 'stubborn' and 'sticky,' says policy rate isn't restrictive
Kansas City Fed policymaker Schmid described inflation as “stubborn” and “sticky,” saying the policy rate is not restrictive. He stopped just short of explicitly calling for an interest-rate hike.
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CNBC★★☆☆☆2026-08-27 12:20Original
Kansas City Fed's Schmid calls inflation 'stubborn' and 'sticky,' says policy rate isn't restrictive
Economy