Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
Schmid Wants to Further Reduce Fed’s Balance Sheet
Kansas City Fed President Jeff Schmid said Thursday that he wants to continue to shrink the central bank’s footprint in ...
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Morning Bid: Bonds simmer as payrolls offer reality check
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Kansas City Fed’s Schmid Sees No Rush for More Cuts
Kansas City Fed President Jeff Schmid indicated on Thursday that he’s comfortable with pausing additional interest rate cuts ...
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US Fed's December rate cut was 'final' step to recalibrate policy: official
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday ...
Futures drop on caution ahead of key payrolls data
All eyes are on the Labor Department's non-farm payrolls report, due at 8:30 a.m. ET, after a set of jobs data earlier in the ...
Stocks wobble ahead of US jobs data; bonds in the spotlight
Global stocks were under pressure on Friday ahead of a U.S. jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound headed for a fourth daily drop, ...
Top Federal Reserve official says central bank is ‘pretty close’ to meeting twin targets
A top Federal Reserve official has said the US central bank is “pretty close” to meeting its objectives on inflation and ...