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Fed’s Schmid Says Inflation Is Too Hot, Above Target Too Long

Financial Post Canada

July 16, 2026 at 05:48 PM

Federal Reserve Bank of Kansas City President Jeff Schmid said inflation is his biggest worry given the risk of a further acceleration in the months ahead.

Federal Reserve Bank of Kansas City President Jeff Schmid said inflation is his biggest worry given the risk of a further acceleration in the months ahead.

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