Fed's Schmid: Inflation Is Still Too High -- Market Talk
Dow Jones02:33
1433 ET - Kansas City Fed President Jeff Schmid reaffirmed his view that inflation is too high, and the Fed's choice is between hiking rates or holding them steady. "Do we say, okay, now it's time to raise rates a quarter or two and see if we can't tamp this thing down," he said at a fireside chat in Oklahoma. (jessica.coacci@wsj.com)
(END) Dow Jones Newswires
June 04, 2026 14:33 ET (18:33 GMT)
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