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Fed’s Kansas City President Says Rates Aren’t High Enough to Beat Inflation

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FOMOGRAM Editorial Desk
Aug 5, 2026
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Fed’s Kansas City President Says Rates Aren’t High Enough to Beat Inflation
EXECUTIVE SUMMARY

Kansas City Fed President Jeff Schmid stated that current interest rates are insufficient to combat inflation. He advocates for tighter monetary policy to achieve a 2% inflation target.

Kansas City Fed President Jeff Schmid stated that current interest rates are insufficient to combat inflation. He advocates for tighter monetary policy to achieve a 2% inflation target.

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General economic commentary with no direct impact on tracked cryptocurrencies.

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