The Kansas City Fed President on the First Jackson Hole of the Warsh Era

We are back in Jackson Hole! And this year's Federal Reserve Bank of Kansas City symposium on monetary policy marks the first under new Fed Chair Kevin Warsh, and Fed observers all over the world will be closely watching his Friday speech for signs of how he might further distinguish himself, and the institution, from the Powell era. This meeting at Jackson Hole also comes at a fascinating and tense time for monetary policy in the US and abroad: high bond yields, above-target inflation, and AI's still unrealized effect on broader parts of the economy. We speak with Jeffrey Schmid, the president and CEO of the Kansas City Fed, about what to expect and he also shares his thoughts on the wave of baby boomer retirements and how it’s affecting the labor force, his recent FOMC votes, and he explains why this symposium is so focused on payments. See Odd Lots Live in LA September 2026 https://events.bloombergevents.com/event/ODDLOTSLA/summary (Source: Bloomberg)