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Fed's Schmid warns prices still a concern beyond energy costs

Fed's Schmid sees concerning price trends beyond energy, says rates are now accommodative.

10/11/2026 19:112 min read
  • Last year, the official did not view the rate as restrictive, and now sees it as quite accommodative.
  • Housing might be experiencing a peculiar situation, but no restrictions are evident elsewhere, he suggested.
  • Inflation remains the primary focus.

There is suddenly a hawkish tone among many, yet no one chose to increase rates at the conclusion of October.

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