The Federal Reserve cut interest rates by 25-basis-points in October, though two policymakers dissented from the move, with ...
A growing chorus of Fed officials say they would have preferred to hold interest rates steady this week, voicing concern about inflation.
Jeffrey Schmid, president of the Kansas City branch of the US Federal Reserve and a member of the Federal Open Market Committee (FOMC), cited concerns about inflation as the reason he voted against ...
The Kansas City Fed President said lower rates can't do a lot to improve what he calls "structural changes" in the labor market.
Additionally, the president doesn’t seem to grasp that the Fed only controls short-term interest rates. Longer-term rates on ...
Wall Street succumbed to a tech-led selloff on Tuesday, slammed by warnings of a market pullback from top U. bank CEOs and a ...
A clutch of Federal Reserve bank presidents on Friday aired their discomfort with the U.S. central bank's decision to cut ...
Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of ...
Federal Reserve Bank of Kansas City President Jeff Schmid signaled a more hawkish view on the central bank's monetary policy Thursday, suggesting that despite signs of weakness in the job market, ...
Four central bankers on Friday cited varying degrees of unease with the Fed's rate cut this week and the potential for ...
Kansas City Federal Reserve President Jeffrey Schmid said he voted against an interest-rate cut this week because he is concerned the Fed's policy stance isn't doing enough to tamp down inflation. "I ...