Technology
Fed’s Schmid Signals Opposition to Further Rate Cuts With Inflation ‘Too High’ – Crypto News
Kansas City Fed President Jeffrey Schmid has indicated that he isn’t in support of further Fed rate cuts due to rising inflation. Schmid is the latest Fed official to raise concerns over inflation, even as the market continues to price in another 25 basis points (bps) cut at the upcoming FOMC meeting, which could impact
The post Fed’s Schmid Signals Opposition to Further Rate Cuts With Inflation ‘Too High’ appeared first on CoinGape.
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