Nick Timiraos|8月 05, 2026 00:20
Kansas City Fed President Jeff Schmid (non-voter) is the fifth Fed president since last week's meeting to say he would like to raise rates:
"Given the strength of demand and investment, I do not see the current stance of monetary policy as restrictive. As such, I believe that bringing inflation down to the Fed’s 2% objective will require tighter policy." https://www.kansascityfed.org/speeches/agriculture-the-economy-and-the-kansas-city-fed-august-2026/(Nick Timiraos)
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