Jeff Schmid Talks Inflation, Fed Policy

Jeff Schmid, the president of the Federal Reserve Bank of Kansas City, shares insights on today's economic landscape and Fed policy. He delves into the impact of inflation and job market fluctuations on future monetary decisions. Schmid discusses the challenges faced by the banking sector in adapting to rate changes and the importance of regulatory frameworks for both small and large institutions. Additionally, he highlights the pressing need for affordable housing and skilled workers, illustrating how these factors weave into the broader economic narrative.