06-August-2026
Economy News
 
Fed's Schmid Calls for Tighter Monetary Policy to Tamp Down on 'Too High' Inflation
05-Aug-2026

Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that some sort of monetary policy tightening is needed to get “too high” inflation back to the 2% target.

News Source:- https://money.usnews.com/investing/news/articles/2026-08-04/feds-schmid-calls-for-tighter-monetary-policy-to-tamp-down-on-too-high-inflation