Fed's Schmid: FOMC 'must be forward looking'; inflation is 'too high'; notable that prices for durable goods rising | Metals Mine

  • Fed's Schmid: FOMC 'must be forward looking'; inflation is 'too high'; notable that prices for durable goods rising

Added at 4:06pm

  • The Federal Reserve, Economic Outlook and Monetary Policy

    From kansascityfed.org

    Welcome to the Kansas City Fed. Thank you for the invitation to speak with you today. I look forward to our discussion. Before turning to the outlook for the economy and monetary policy, I would like to take a moment to call your attention to the wide range of activities taking place in this building. Our role in monetary policy gets a lot of attention, and I will get to that, but the Federal Reserve System, and the Kansas City Fed within that system, has a much broader set of responsibilities than monetary policy alone. The staff that fill this building play varied and essential roles in maintaining the safety and ... (full story)

Added at 4:09pm

Added at 4:10pm

Added at 4:10pm

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