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Fed's Schmid says high inflation still bigger issue facing central bank

ReutersFeb 25, 2026 5:05 PM

- Federal Reserve Bank of Kansas City President Jeffrey Schmid said Wednesday that too high inflation remains a key problem the Fed needs to address.

“I think we have work to do on the inflation side of things,” while “I think we're in a pretty good place for employment,” Schmid said in an appearance before the Economic Club of Colorado.

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