Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S. central bank comes into the new year facing a resilient economy and ...

After the Federal Reserve cut its policy rate by 100 basis points in three meetings, Kansas City Fed President Jeff Schmid favors moving cautiously in further cuts. "With inflation close to target and ...

Kansas City Fed President Jeff Schmid indicated on Thursday that he’s comfortable with pausing additional interest rate cuts until there’s a substantial change in economic conditions. “With inflation ...

Economists expect to see nice growth in 2025, but inflation will start creating challenges for margins toward the end of the ...

On Thursday, the latest Fed speakers tilted hawkish. Kansas City Federal Reserve President Jeff Schmid signaled a reluctance to cut interest rates again. "I believe we are near the point where the ...

Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts, though only after a persistent change in incoming economic data. “I am in favor ...

Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...

The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

I believe we are near the point where the economy needs neither restriction nor support and that policy should be neutral,” Kansas City Fed President Jeff Schmid said on Thursday.