Kansas City Fed's Schmid says rate hike could make sense as soon as Sept 16
Kansas City Fed President Jeffrey Schmid said at Jackson Hole that a rate hike could make sense as soon as September 16, describing policy as looking a bit easy and inflation as stubborn and sticky, though he stopped short of explicitly calling for a hike.
Detected & updated continuously · Source: Nebula
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@crypto_banter
🚨FED’S SCHMID SAYS A RATE HIKE COULD MAKE SENSE AS SOON AS SEPT. 16! Speaking at Jackson Hole today, Kansas City Fed President Jeff Schmid said policy looks a bit easy and a higher rate might be warranted at the next meeting. He added inflation is still near where it was when https://t.co/1xsQOImwKq
@CoinMarketCap
LATEST: 🏦 Kansas City Fed President Jeffrey Schmid says inflation remains "stubborn" and "sticky" but stopped short of calling for a rate hike. https://t.co/VJipefaBSO