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

Fed’s Schmid: Inflation is hot

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Jeffrey Schmid, President of the Federal Reserve (Fed) Bank of Kansas City said that there’s no room to be complacent on inflation, claiming that inflation is hot and that demand is outpacing supply at the Metro Denver Executive Club in Denver, Colorado on Tuesday.

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 Australian Dollar.

USDEURGBPJPYCADAUDNZDCHF
USD1.00%0.82%0.33%0.21%1.45%1.44%0.71%
EUR-1.00%-0.16%-0.66%-0.79%0.46%0.44%-0.29%
GBP-0.82%0.16%-0.48%-0.62%0.62%0.60%-0.12%
JPY-0.33%0.66%0.48%-0.10%1.14%1.11%0.40%
CAD-0.21%0.79%0.62%0.10%1.25%1.23%0.50%
AUD-1.45%-0.46%-0.62%-1.14%-1.25%-0.02%-0.73%
NZD-1.44%-0.44%-0.60%-1.11%-1.23%0.02%-0.72%
CHF-0.71%0.29%0.12%-0.40%-0.50%0.73%0.72%

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-hot-202603031553

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