The Federal Reserve will gather this week for its first meeting of 2025 under the looming shadow of a new US president who is ...

The Federal Reserve will see how the incoming administration's policies impact the economy, Kansas City Fed President Jeff ...

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 said Thursday that he wants to continue to shrink the central bank’s footprint in financial markets this year by continuing to reduce the balance sheet.

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

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.

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

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 ...

NEW YORK, Jan 9 (Reuters) - 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 ...

Fed Governor Michelle Bowman and Kansas City Fed President Jeff Schmid both said the 100 basis points in rate cuts since September has brought the Fed’s benchmark rate down to “neutral ...

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 ...