The post Fed’s Schmid: Inflation is too hot. appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said that heThe post Fed’s Schmid: Inflation is too hot. appeared on BitcoinEthereumNews.com. Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said that he

Fed’s Schmid: Inflation is too hot.

Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid said that he prefers to keep the monetary policy modestly restrictive as cutting rates could worsen the inflation situation at the Economic Club of Kansas City on Thursday.

Key takeaways

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound.

USDEURGBPJPYCADAUDNZDCHF
USD0.26%0.35%-0.05%0.08%-0.30%0.05%0.34%
EUR-0.26%0.09%-0.31%-0.19%-0.56%-0.21%0.07%
GBP-0.35%-0.09%-0.40%-0.28%-0.65%-0.30%-0.02%
JPY0.05%0.31%0.40%0.11%-0.25%0.07%0.38%
CAD-0.08%0.19%0.28%-0.11%-0.36%-0.03%0.27%
AUD0.30%0.56%0.65%0.25%0.36%0.36%0.64%
NZD-0.05%0.21%0.30%-0.07%0.03%-0.36%0.28%
CHF-0.34%-0.07%0.02%-0.38%-0.27%-0.64%-0.28%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Source: https://www.fxstreet.com/news/feds-schmid-inflation-is-too-hot-202601151908

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