Federal Reserve Governor Schmid said in a CNBC interview that policymakers are "not in a hurry" to cut interest rates while inflation remains above the central bank’s 2% target. Schmid described the current stance as “modestly restrictive” and added that officials are still looking for evidence that policy is meaningfully curbing demand. Lowering rates prematurely, she warned, could revive inflation expectations. Speaking the following day, Governor Hammack echoed the view that the Fed should keep policy restrictively tight for now. Hammack acknowledged the possibility that unemployment could edge higher but cautioned that a significant deterioration in labor-market conditions would be required to justify easing. He also urged colleagues to focus on economic fundamentals rather than day-to-day market moves. Governor Musalem struck a similar tone, telling reporters the rate path might involve a pause extending into the September policy meeting. He said upcoming employment data could become decisive, adding that the committee is prepared to adjust course if risks to the job market intensify. The coordinated remarks underscore a growing consensus inside the Fed that additional evidence of slowing inflation and resilient growth is needed before considering rate cuts, keeping borrowing costs elevated for the time being.