Jeffrey R. Schmid

Geography

In their time

Meetings by Chair

Powell23Warsh3

Policy rate

5.25–5.5% → 3.75–4%

−150 bp · Aug 2023 – Oct 2026

Rate moves

1 hike · 6 cuts

18 holds at their meetings

Seats held

• Reserve Bank PresidentKansas City2023–

  Aug 21, 2023 – present

Dissents on the record (2)

• December 9–10, 2025wanted tightercommittee: cut 25

  who preferred no change to the target range for the federal funds rate at this meeting

• October 28–29, 2025wanted tightercommittee: cut 25

  who preferred no change to the target range for the federal funds rate at this meeting

Served alongside (274)