Kansas City Fed President Jeff Schmid says persistent inflation near 3% is the top economic risk, signaling higher-for-longer rates that could pressure crypto.

Kansas City Fed President Jeff Schmid says persistent inflation near 3% is the top economic risk, signaling higher-for-longer rates that could pressure crypto.

Kansas City Fed Chief Jeffrey Schmid warns inflation is "too hot" and may persist as energy shocks raise economic risks.

“Com a inflação acima da definição de 2% do Fed para estabilidade de preços há mais de cinco anos, agora não é hora de baixar a guarda”, disse o presidente da distrital do Federal…

Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the current global energy shock cannot simply be dismissed as transitory, given already-elevated…