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Fed's Schmid Delivers Blunt Warning on Interest Rates

Steady2 outlets reported this in 2 reports over 2 days
Wed, 5 August 2026Thu, 6 August 2026

What it is about

Jeff SchmidMarket CommitteeFederal Reserve BankAlberto MusalemMatthew LewisReutersBrazilNew York, United States

Who published it, and when

original reportfirst to report
yahoo.com1 original report
kitco.com1 original report
5 Aug, 19:22over 27 hours6 Aug, 22:30

How it spread - 2 original reports

  1. Wed, 5 August 2026

    1 report
  2. Thu, 6 August 2026

    1 report
    • kitco.com22:30

      Aug 6 (Reuters) - Federal Reserve Bank of St. Louis President Alberto Musalem ‌said on Thursday it is critical for monetary policy to keep working to bring down inflation pressures amid ongoing risks to the central bank’s price-pressure mandate, and should not be set to ​bolster high productivity levels in hopes of lower future inflation.“Inflation is well ​above the (Federal Open Market Committee’s) 2% target, and the balance of risks ⁠is tilted toward inflation remaining above target a year...

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