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Fed's Schmid, Goolsbee Navigate Inflation Uncertainty at Jackson Hole

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Federal Reserve officials Schmid and Goolsbee expressed ongoing concerns about stubborn inflation at the Jackson Hole symposium.
  • While Schmid signaled openness to further rate hikes if data warrants, Goolsbee acknowledged some positive recent trends and the possibility of future rate cuts if inflation sustainably cools.
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