https://www.live-feeds.com/feed/kansas-city-fed-s-schmid-says-inflation-too-hot-rates-too-accommodative-on-eve-of-jackson-holeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/kansas-city-fed-s-schmid-says-inflation-too-hot-rates-too-accommodative-on-eve-of-jackson-holehttps://www.live-feeds.com/feed/kansas-city-fed-s-schmid-says-inflation-too-hot-rates-too-accommodative-on-eve-of-jackson-hole#u51176Sat, 29 Aug 2026 01:55:39 +0000Three Federal Reserve officials have warned about persistent inflation as the central bank's annual Jackson Hole conference starts. Kansas City Fed official Jeffrey Schmid argues that current interest rates are accommodative rather than restrictive, describing inflation as sticky and stubborn. These warnings highlight internal divisions within the Fed regarding whether further rate hikes are necessary to combat price pressures. Attention now shifts to Federal Reserve Chair Kevin Warsh, whose upcoming speech is expected to be one of the most closely watched in recent years.Why it mattersTh https://www.live-feeds.com/feed/kansas-city-fed-s-schmid-says-inflation-too-hot-rates-too-accommodative-on-eve-of-jackson-holehttps://www.live-feeds.com/feed/kansas-city-fed-s-schmid-says-inflation-too-hot-rates-too-accommodative-on-eve-of-jackson-hole#u50533Fri, 28 Aug 2026 06:45:24 +0000Kansas City Fed official Jeffrey Schmid argues that current interest rates are too accommodative and not in restrictive territory. Schmid describes inflation as stubborn and sticky, suggesting that rates may need to rise to combat these pressures. These hawkish signals emerge as Federal Reserve officials gather for the Jackson Hole symposium, where internal divisions exist regarding whether inflation requires further rate hikes. Other officials, including Hammack, have also indicated that now is the time to act on raising interest rates.Why it mattersThe Federal Reserve uses interest rate adju