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Inflation still too high for Fed to cut interest rates, Schmid says

Kansas City Federal Reserve President Jeff Schmid said on Friday the U.S. central bank should not be weighing interest rate cuts at this time because inflation remains above its 2% target and the job. -April 12, 2024 at 01:35 pm EDT - MarketScreener

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Fed s Schmid wants to hold rates steady until sure inflation is dropping

Kansas City Fed president Jeff Schmid said Friday he would prefer to hold interest rates steady and not cut rates until there is "convincing" evidence…

Jeff schmidKansas city fedReaking news

The Fed s bumpy inflation picture could be about to get bumpier

The Fed's preferred inflation reading due out Thursday will help determine whether the central bank's progress down to a 2% goal has stalled.

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The Fed s bumpy inflation picture could get bumpier this week

The Fed's preferred inflation reading due out Thursday will help determine whether the central bank's progress down to 2% has stalled.

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EMEA Morning Briefing: Shares Seen Lower as Investors Brace for This Week s Econ Data

EMEA Morning Briefing: Shares Seen Lower as Investors Brace for This Week s Econ Data
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