Kansas City Fed President Jeff Schmid Urges Tighter Monetary Policy
On August 4, 2026, Federal Reserve Bank of Kansas City President Jeff Schmid urged tighter monetary policy to rein in inflation, stating that current measures are insufficient to meet the Fed’s 2% target. His remarks, delivered ahead of a farming event, mark a hawkish shift amid persistent price pressures and rising energy costs. Jeff Schmid, … Read more