Fed, Schmid
Fed's Schmid wants cautious, gradual, deliberate rate cuts
Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the Fed's 2% target and the labor market is normalizing.
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately cut rates.
Kansas City Fed's Schmid says he opposes aggressive rate cuts
Federal Reserve Bank of Kansas City President Jeffrey Schmid expressed caution Monday against implementing outsized interest-rate cuts like the 50-basis-point reduction last month, "especially given uncertainty over the eventual destination of policy and my desire to avoid contributing to financial market volatility.
Fed’s Jeffrey Schmid favours slower pace for interest-rate reductions
FEDERAL Reserve Bank of Kansas City president Jeffrey Schmid said he favours a slower pace of interest-rate reductions given uncertainty about how low the US central bank should ultimately cut rates.
Four Fed policymakers favor more rate cuts, but differ on pace
By Ann Saphir (Reuters) -Four Federal Reserve policymakers on Monday expressed support for further interest-rate cuts, but appeared to differ on how fast or far they believe any cuts should go. Three of them,
Four Fed Policymakers Back Further Rate Cuts But Differ In Pacing
Four Federal Reserve policymakers expressed support for further cutting of interest rates. However, they differ on how fast such rate cuts should be made. Reuters reported that three of the policymakers wanted to take it slow,
USA Today18h
Federal Reserve President Jeffrey Schmid wants cautious, gradual, deliberate rate cuts
Oct 21 (Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and ...
Fed's Schmid: There's been a normalization, not a deteriation, of the labor market
Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid hit newswires late Monday, noting that recent downturns in US data is more likely a normalization of US labor markets after a period of ...
What To Expect in the Markets This Week
EV maker Tesla reports earnings, along with GE Vernova, Coca-Cola, T-Mobile, Boeing and many other companies. Federal Reserve ...
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Fed Jeffrey Schmid Speaks
Jeff Schmid is president and chief executive officer of the Federal Reserve Bank of Kansas City. Comments by the Federal Reserve policymakers can give clues on FOMC's economic assessment and ...