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 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 ...

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 ...

Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...

Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren ...

Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts, though only ...

Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...

Fed governor Michelle Bowman said she supported a December rate cut as the "last step" in the central bank's "policy ...

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

The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva ...

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 ...