KANSAS CITY FED'S SCHMID: CONTINUED INFLATION IS MOST PRESSING RISK TO ECONOMY, CLEAR THAT IT IS STILL TOO HIGH SCHMID: BUSINESS INVESTMENT REMAINS STRONG ESPECIALLY IN TECH AND AI BUILDOUT SCHMID: CONSUMER SPENDING REMAINS BIGGEST DRIVER OF ACTIVI

2026-05-14

KANSAS CITY FED'S SCHMID: CONTINUED INFLATION IS MOST PRESSING RISK TO ECONOMY, CLEAR THAT IT IS STILL TOO HIGH SCHMID: BUSINESS INVESTMENT REMAINS STRONG ESPECIALLY IN TECH AND AI BUILDOUT SCHMID: CONSUMER SPENDING REMAINS BIGGEST DRIVER OF ACTIVITY, WEALTH GAINS ARE LEADING MANY HOUSEHOLDS TO INCREASE SPENDING SCHMID: JOB MARKET IS 'FUNCTIONING EFFECTIVELY' SCHMID: US ECONOMY LESS VULNERABLE TO GLOBAL OIL DISRUPTIONS THAN IN PAST BUT HIGH OIL PRICES DRAIN HOUSEHOLD SPENDING POWER, RAISE BUSINESS COSTS SCHMID: US ECONOMY LESS VULNERABLE TO GLOBAL OIL DISRUPTIONS THAN IN PAST BUT HIGH OIL PRICES DRAIN HOUSEHOLD SPENDING POWER, RAISE BUSINESS COSTS SCHMID: US ECONOMY HAS SHOWN 'REMARKABLE RESILIENCE' AND ECONOMIC FUNDAMENTALS REMAIN SOUND