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[Economy] Fed’s Schmid Pushes Back on Rate-Cut ProspectsKansas City Fed President Jeffrey Schmid reaffirmed his resistance to further interest-rate cuts, arguing that further Fed easing would risk allowing inflation to remain too high.

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[Economy] Fed’s Schmid Pushes Back on Rate-Cut Prospects
Kansas City Fed President Jeffrey Schmid reaffirmed his resistance to further interest-rate cuts, arguing that further Fed easing would risk allowing inflation to remain too high. #WSJ
https://www.wsj.com/economy/central-banking/feds-schmid-pushes-back-on-rate-cut-prospects-c98dc744
(Wed, 11 Feb 2026 15:35:00 GMT)
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