Kansas City Fed President Discusses Inflation and Economic Challenges

Kansas City Fed President Jeffrey Schmid appeared on CNBC’s ‘Squawk Box’ with Steve Liesman to address several pressing issues, including Fed Governor Lisa Cook’s mortgage allegations and the political pressures on the Federal Reserve.

Labor Market and Immigration Policies

Schmid highlighted the strength of the labor market and the complex impact of immigration policies on economic growth and employment. He emphasized the Fed’s ongoing fight against inflation and provided insights on the anticipated path of interest rates moving forward.