Fed's Schmid says agricutural sector very nervous about tariffs

  • Federal Reserve Bank of Kansas City President Jeffrey Schmid.

Federal Reserve Bank of Kansas City President Jeffrey Schmid.

  • There’s a lot of nervousness in the agricultural sector from tariffs
  • I’m an optimist, need to be patient to see how it plays out
  • We will react to disruptions that might affect mandates
  • Politicians and the public seem to be pleased with Fed independence and its structure

more to come

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