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high inflation

Kansas City Federal Reserve President Jeffrey Schmid attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole Economic Policy Symposium, "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy", in Jackson Hole, Wyoming, U.S., August 21, 2025. REUTERS/Jim Urquhart
Feb 25, 2026

Fed’s Schmid says high inflation still bigger issue facing central bank

Federal Reserve Bank of Kansas City President Jeffrey Schmid says high inflation remains the key issue for the Fed, while employment conditions are stable.

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