Federal Reserve Bank of Kansas City President Jeffrey Schmid spoke earlier:
More now:
- Very strong commitment at the Fed for 2% inflation
- Fed doesn’t focus too much on anticipated shocks
- Expect modest cuts in upcoming quarters
- Says his personal opinion is that crypto is a risk asset, a playground, and not a currency
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This article was written by Eamonn Sheridan at www.forexlive.com.
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