Federal Reserve's Schmid said he voted to support a rate hike, noting recent data show the inf trend is above 3%. He called the increase a step toward restoring the 2% inf target and said current inf is not just an energy issue — price growth remains "hot" across a broad range of goods and services.

2026-09-18

Federal Reserve's Schmid said he voted to support a rate hike, noting recent data show the inf trend is above 3%. He called the increase a step toward restoring the 2% inf target and said current inf is not just an energy issue — price growth remains "hot" across a broad range of goods and services.