Tag Archives: Schmid

Fed’s Schmid says no urgency to cut interest rates but more data to come

Fed’s Schmid says no urgency to cut interest rates but more data to come

JACKSON, Wyoming (Reuters) -Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still above the central bank’s 2% target and the labor market still in solid shape. “I think we’re in a really good spot and I think we really have to have very definitive data to be moving that …

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