'IT'S NOT LOOKING THAT GOOD': Fed official delivers tough scorecard

Kansas City Federal Reserve President Jeffrey Schmid discusses the economy, Fed policy and more with FOX Business' Edward Lawrence at the Jackson Hole economic symposium. 00:00 High Stakes at Jackson Hole 2026 00:17 Jeffrey Schmid on Monetary Policy Outlook 00:58 Scoring the Fed on the 2% Inflation Mandate 01:21 Benchmarks for Future Interest Rate Moves 02:02 Internal Debates at the Federal Reserve 02:42 Using AI for Real-Time Economic Data Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness Follow Fox Business on Twitter: https://twitter.com/foxbusiness Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness