--- title: "Fed Official Schmid Warns: US Inflation May Stay Stuck Around 3%" type: "News" locale: "en" url: "https://longbridge.com/en/news/281224862.md" description: "Kansas City Federal Reserve President Schmid warned that the Federal Reserve should pay attention to the impact of rising energy prices due to the Iran conflict on inflation. In his speech in Oklahoma City, he pointed out that the current inflation level is too high and the impact of rising oil prices should not be considered temporary" datetime: "2026-03-31T17:33:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281224862.md) - [en](https://longbridge.com/en/news/281224862.md) - [zh-HK](https://longbridge.com/zh-HK/news/281224862.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281224862.md) | [繁體中文](https://longbridge.com/zh-HK/news/281224862.md) # Fed Official Schmid Warns: US Inflation May Stay Stuck Around 3% Kansas City Federal Reserve President Schmid warned that the Federal Reserve should not ignore the impact of soaring energy prices due to the Iran conflict on inflation. Schmid said in a speech prepared for an event in Oklahoma City on Tuesday, "This oil shock comes at a time when inflation has persisted at too high a level for too long. Given that inflation is already red hot, we should not assume that the inflation from rising oil prices is only temporary." ### Related Stocks - [Invesco DB US Dollar Bullish (UUP.US)](https://longbridge.com/en/quote/UUP.US.md) - [WisdomTree Bloomberg US Dllr Bullish ETF (USDU.US)](https://longbridge.com/en/quote/USDU.US.md) ## Related News & Research - [Latest on US-Iran, US dollar & UK CPI inflation remains at 3%](https://longbridge.com/en/news/280509911.md) - [Cotton Reverts Higher at Midday](https://longbridge.com/en/news/280401434.md) - [Iran's rescuers search for survivors after strike in Tehran](https://longbridge.com/en/news/280907677.md) - [IRAN: PORT NEAR STRAIT OF HORMUZ STRUCK IN ATTACK - TASNIM](https://longbridge.com/en/news/281262275.md) - [Inflation increases to 2.5% in Europe as Iran war boosts energy prices](https://longbridge.com/en/news/281164290.md)