Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
1 day ago · October 21, 2024 at 2:32 PM PDT. Translate. Listen. 3:35. Federal Reserve Bank of Kansas City President Jeffrey Schmid said he favors a slower pace of interest-rate reductions given uncertainty ...
Fed's Schmid wants cautious, gradual, deliberate rate cuts
1 day ago · 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% ...
Fed president wants cautious, gradual, deliberate rate cuts - USA …
1 day ago · 1:51. Oct 21 (Reuters) - 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 ...
Fed’s Schmid Favors Slower Pace for Interest-Rate Reductions
1 day ago · Mon, 21 Oct 2024, 2:32 pm GMT-7 3-min read. (Bloomberg) -- 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 …
Fed officials call for 'gradual' and 'modest' rate cuts - Yahoo Finance
1 day ago · Kansas City Fed president Jeff Schmid called for a "cautious and gradual" approach to easing monetary policy. Minneapolis Fed president Neel Kashkari said he expects "modest cuts over the next ...
Four Fed policymakers favor more rate cuts, but differ on pace
1 day ago · Item 1 of 2 Federal Reserve Bank of Kansas City President Jeffrey Schmid poses at the Jackson Lake Lodge in Jackson Hole, Wyoming, U.S., where the Kansas City Fed holds its annual economic ...
Fed’s Schmid Says He Wants to See More Data Before Rate Cut
Aug 22, 2024 · Federal Reserve Bank of Kansas City President Jeffrey Schmid said he wants to see more economic data before supporting any decision to begin reducing interest rates.
Fed's Schmid signals open mind on September rate cut
Aug 22, 2024 · Kansas City Fed Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday he was taking a closer look at the dynamics behind the rise in the...
Fed’s Jeffrey Schmid Rejects Preemptive Rate Cuts, Favors …
Apr 12, 2024 · Fed’s Schmid Rejects Preemptive Rate Cuts, Favors ‘Patient’ Approach. Kansas City Fed leader needs clear, convincing evidence to cut; Fed officials need to see evidence inflation headed to 2 ...
Veteran banker Jeffrey Schmid picked to lead Kansas City Fed
Aug 2, 2023 · Jeffrey R. Schmid, with more than 40 years of experience as a regulator and banker, will take over Aug. 21 for Esther George, who retired earlier this year.