Will Kansas City Fed Back Rate Hike?!?

For our smarter readers . . . It's important to understand the value of money in your pocket, that keeps shrinking all the time . . . Here's the latest update to help guide your research: 

Kansas City Fed President Jeffrey Schmid said Thursday that inflation has been “stubborn” and “sticky” though he did not commit to supporting an interest rate hike.

However, he said he doesn’t see the current level of rates being restrictive on the economy.

Read more via www.TonysKansasCity.com link . . .

CNBC: Kansas City Fed’s Schmid says inflation ‘stubborn’ and ‘sticky,’ policy rate not restrictive