Fed's Schmidt Says Inflation Data Encouraging But Premature For Conclusions

2026-07-17 01:26

Woofun AI reports that Federal Reserve official Schmid described recent inflation data as encouraging.

However, the official emphasized that it is currently too early to draw firm conclusions from these figures.

Disclaimer: Views are the author's own and do not represent the platform. Do not reproduce without permission. Content is for reference only, not investment advice. Trade at your own risk.

Trending News

Five-Minute Oracle Exploit Drains $24M From Ostium Vault

Satsuma Technology Votes to Liquidate Bitcoin Treasury and Delist from London Stock Exchange

Senate Crypto Vote Hinges on Resolving $1.4B Trump Ethics Conflict

Dormant 2017 Bitcoin Wallet Moves $383M After Eight Years of Silence

Morgan Stanley E*TRADE Launches Spot Crypto Trading via Zero Hash Partnership

Tradable Tokenizes $1B Private Credit on Stellar

Bitcoin Needs 92% Rally to Rescue $120K Buyers as $72K Escape Routes Emerge

Base's Social Token Collapse: Robinhood Chain Surges on Memecoin Volume, Not RWA Demand

Crypto Equities Surge 23% While Tokens Crash 36%: Is Value Permanently Shifting?

Alpaca Secures $135M Equity, $300M Debt for AI Brokerage