Fed

Fed's Schmid says the Fed still hasn't beat the inflation enemy

ORIGINAL · NewsquawkFed's Schmid says the Fed still hasn't beat the inflation enemyRead originalHide original

hiring faces a perfect storm, with AI, uncertainty and rising input costs all holding it back.

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Schmid said the Fed has not beaten inflation; markets were pricing in roughly a 90% chance of a 25-basis-point increase next month after October inflation exceeded expectations.

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hiring faces a perfect storm, with AI, uncertainty and rising input costs all holding it back.

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