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Fed Officials Maintain Focus on Inflation Amid Strong Job Market

Fed Officials Maintain Focus on Inflation Amid Strong Job Market

Author:

Global Cryptocurrency

Published:

2026-02-12 19:23:01

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Federal Reserve officials emphasized the need to keep interest rates steady while monitoring inflation progress, despite stronger-than-expected jobs data. January's employment figures showed 130,000 new jobs, but policymakers remain wary of price pressures. December's annual inflation rate of 2.7% still exceeds the Fed's 2% target.

Kansas City Fed President Jeffrey Schmid warned of long-term inflation risks if the central bank loses focus. Meanwhile, Fed Governor Stephen Miran suggested room for rate cuts persists even with labor market strength. The debate unfolds ahead of January's critical inflation data release this Friday.

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