Kansas City Fed President Jeff Schmid says he's "not willing to take any chances" on inflation. Full quote: "So far, through the spike and subsequent decline in inflation over the past few years, the Fed’s actions have been effective in keeping longer-term inflation expectations well anchored. Now, with renewed price pressures likely, I am not willing to take any chances when it comes to maintaining the Fed’s credibility on inflation" https://www.kansascityfed.org/speeches/remarks-on-the-economic-outlook/