Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
Fed’s Schmid Backs Gradual Rate Cuts If Economic Data Improve
Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts and only ...
Kansas City Fed's Schmid prefers to tread cautiously in further rate cuts
Schmid also spoke about continuing to reduce the Fed's balance sheet, reversing some of the actions it took to increase ...
Why two Fed officials doubt the need for many more rate cuts
Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...
Schmid Wants to Further Reduce Fed’s Balance Sheet
Kansas City Fed President Jeff Schmid said Thursday that he wants to continue to shrink the central bank’s footprint in ...
Kansas City Fed’s Schmid Sees No Rush for More Cuts
Kansas City Fed President Jeff Schmid indicated on Thursday that he’s comfortable with pausing additional interest rate cuts ...
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Fed execs indicate January rate pause
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the US central bank comes into the new year facing a resilient economy and inflation ...
Fed officials lean ‘neutral’ on policy but expect clarity once Trump begins
United States Federal Reserve officials are leaning toward a neutral policy stance as they await clearer direction from ...
Morning Bid: Bonds simmer as payrolls offer reality check
The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated ...
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Futures drop on caution ahead of key payrolls data
All eyes are on the Labor Department's non-farm payrolls report, due at 8:30 a.m. ET, after a set of jobs data earlier in the ...
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Who Votes on Fed Policy Next Year Is Changing. Here’s What to Know
In 2025, Susan Collins of Boston, Alberto Musalem of St. Louis, Jeff Schmid of Kansas City and Austan Goolsbee of Chicago will rotate onto the committee. That said, non-voting officials still ...