Odd Lots

Kansas City's Fed President on What Everyone Will Be Talking About at Jackson Hole

21 Aug 2025

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It's Jackson Hole time again, when the most prominent minds in monetary policy meet in an idyllic Wyoming setting for the Federal Reserve Bank of Kansas City's annual symposium on monetary policy. For markets, the main event tends to be the speech from the Fed Chairman. But beyond that, there's always a theme that central bankers and academics are tasked to discuss. So to raise the curtain for this year's event, we spoke with none other than Jeffrey Schmid, the president and CEO of the Kansas City Fed. We talked about the official theme of this year's conference, the growing political pressure on the Fed itself, and how he thinks about monetary policy at a time when markets are at record highs, the unemployment rate is low, and inflation continues to come in above target. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlotsSee omnystudio.com/listener for privacy information.

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Odd Lots

Kansas City's Fed President on What Everyone Will Be Talking About at Jackson Hole

This episode hasn't been transcribed yet

Other episodes from Odd Lots

Jeremy Grantham on How to Tell If a Bubble Is About to Burst

The Iran War’s Lasting Scars Across Asia

Carmen Li's Plan to Build a Futures Market for Compute

Anjney Midha's Plan to Radically Lower the Price of Compute

How a Vibecoded Newsletter Is Making the Hay Market More Transparent

Why Tomatoes Are the Most Expensive They've Been in Four Decades

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