# Kansas City Fed President Jeffrey Schmid Says Inflation Is Still Overheated

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/57882
Published: 2026-11-15T19:00:15.000Z
Updated: 2026-11-15T19:00:15.000Z
Section: Regulation

> He said inflation is clearly above the Federal Reserve’s 2% target and the central bank still has work to do to curb it.

Jeffrey Schmid, president and CEO of the Federal Reserve Bank of Kansas City, said inflation remains clearly above the Federal Reserve’s 2% target and the central bank still has work to do to curb it.

Schmid described inflation as still overheated. His remarks focused on the Fed’s effort to bring inflation under control.