Fed's Schmid Speaking On CNBC Says Inflation Is Stubborn And Sticky, Fed Needs More Information; Says Unclear What Fed Policy Is Restricting Right Now
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Why It Matters
A Fed leader said inflation is still hanging around and hard to fix, and they're not sure if their current rules are even working. When leaders sound unsure about their own plans, it means markets might stay jumpy while they figure things out.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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