Fed’s Schmid calls for patience before making any change in interest rates

Hot inflation, strong growth and elevated asset market prices all suggest that the current stance of the U.S. central bank’s interest-rate policy is appropriate, Kansas City Fed President Jeffrey Schmid said on Friday.
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[mwai_chat context=”Let’s have a discussion about this article:nnHot inflation, strong growth and elevated asset market prices all suggest that the current stance of the U.S. central bank’s interest-rate pol