Federal Reserve
Fed's Schmid Signals Stable Rates Amid Muted Tariff Inflation, Challenging Market Expectations
Federal Reserve Bank of Kansas City President Jeff Schmid has recently articulated a steadfast position on monetary policy, asserting that the inflationary impact of tariffs remains largely muted and, consequently, there is no pressing need for aggressive interest rate reductions. His comments, notably on October 6, 2025, and earlier on