Fed’s Schmid: Further rate cuts won’t patch job market cracks

• Says his concern on inflation is much broader than tariffs alone
• My rationale for Oct dissent continues to guide me as I head toward December
• Inflation is too hot, labor market is cooling but largely in balance

Schmid isn’t a voter again until 2029 but he certainly won’t be supporting a cut in his final meeting this year as a voter.

This article was written by Adam Button at investinglive.com.