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.com
kitco.com
5 Aug, 19:22over 27 hours6 Aug, 22:30
How it spread - 2 original reports
Wed, 5 August 2026
1 report- yahoo.com19:22first to report
Falling energy prices may not solve the inflation problem
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...