Kansas City Fed Cautious on Inflation
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Business & Economics
Fed's Schmid: 'Now is not the time to let down our guard' on inflation

83% Informative
Kansas City Fed president Jeff Schmid said he has grown more cautious about the downward path of inflation.
Schmid: "Now is not the time to let down our guard" Schmid also said he "might prefer" replacing the current core inflation with a measure of inflation excluding only energy prices.
Richmond Fed president Tom Barkin also warned this week about lessons from the 1970s .
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