Kansas City Fed President Jeffrey Schmid emphasized a cautious approach to adjusting Fed’s monetary policy. With inflation persistently above the target, coupled with tight labor markets and strong demand, Schmid argues there is “no need to preemptively adjust the stance of policy.” His stance highlights a preference for a measured response, suggesting that “the best […]
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Ever since news of President Trump’s tariffs was announced on April 2, a day that Trump referred to as “Liberation Day,” both the business and the consumer world have been overwhelmed and shaken by the Read more…
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