Fed's Schmid says choice is between patience and rate hikes to tamp down inflation
- Posted on June 4, 2026
- By Google News
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Fed's Schmid says choice is between patience and rate hikes to tamp down inflation
Kansas City Fed president Jeffrey Schmid said Thursday that the U.S. central bank's choice now is between being patient and holding interest rates steady or rate hikes to tamp down inflation that has been years above target.
