LatestGoods & Service Tax (GST) 19 September 2026
Kansas City Fed Warns Inflation May Stay Above 3%
Kansas City Fed President Esther George Schmid said recent data on goods and services indicate inflation is trending above the 3% target, suggesting underlying price pressures are more persistent than previously thought. The Fed may keep policy tight as it watches for signs of easing.
*Kansas City Fed President Esther George Schmid* highlighted that new data on goods and services point to inflation staying above the 3% goal.
- Underlying price pressure appears more persistent, not just a short‑term blip.
- The Fed is likely to maintain a restrictive stance until clearer evidence of easing emerges.
For full details, see the InvestingLive article.
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