15-May-2026
Economy News
 
Inflation Is Most 'Pressing Risk' to US Economy, Fed's Schmid Says
15-May-2026

Inflation is the biggest risk to a U.S. economy that has shown "remarkable resilience" in the face of numerous challenges, and the job market is stable, Kansas City Federal Reserve President Jeffrey Schmid said on Thursday. "I see continued inflation as the most pressing risk to the economy," Schmid said in prepared remarks to a banking industry conference hosted by the Kansas City Fed.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-14/inflation-is-most-pressing-risk-to-us-economy-feds-schmid-says