Fed's Schmid calls for tighter monetary policy to tamp down on 'too high' inflation

By Michael S. Derby Aug 4 (Reuters) - Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that some ...

So what’s the plan to bring down inflation? The new Fed chair and his White House allies say you shouldn’t ask.

Critics say Kevin Warsh’s determination to cool prices gains isn’t sufficient.

Fed’s Schmid Says Tighter Policy Needed to Reduce Inflation

Federal Reserve Bank of Kansas City President Jeff Schmid suggested higher interest rates are needed to achieve the Fed’s price stability goals, and reiterated that inflation is his primary ...

Manufacturing survey shows inflation worries 'worse than pandemic era,' adding to Fed pressure

The commentary pointed to a highly volatile environment in which purchasing managers were struggling to stay ahead ...

The Fed’s preferred inflation gauge cooled in June. It might not last

The temporary truce in the war with Iran sent gas prices – and thus inflation – lower in June, providing some fuel for a ...

Philadelphia Fed President Paulson: We need 'mildly restrictive' policy to bring inflation down

CNBC’s Steve Liesman and Philadelphia Fed President Anna Paulson join 'Squawk Box' to discuss the state of the economy, the ...

UBS says food inflation here for the long haul

UBS warns food inflation will stay higher for longer, with climate change and rising costs reshaping grocery prices, ...
American Banker

Inflation-era credit cards offer both risks and rewards

At a time of rapidly rising prices, a number of credit-card companies are offering perks for buying gas, groceries and other ...