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Jeffrey Schmid Talks Inflation Concerns, Fed Independence | Bloomberg Talks
Posted
August 21, 2025
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196
August 21, 2025
196
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12:22Now PlayingFederal Reserve Bank of Kansas City President Jeffrey Schmid discusses inflation concerns, his view that monetary policy is “moderately restrictive,” and consideration of the central bank’s dual mandate. Schmid also addressed challenges to Fed independence after President Donald Trump called for the resignation of Fed Governor Lisa Cook amid allegations that she committed mortgage fraud. Schmid spoke with Michael McKee Wednesday on the sidelines of the Jackson Hole Economic Policy Symposium.
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