Kansas City Fed President Says Current Fed Wait-and-See Approach Is Appropriate
Kansas City Fed President signals confidence in the Federal Reserve's current wait-and-see stance, reinforcing market expectations for steady policy amid economic uncertainty.
Kansas City Fed President Says Economic Resilience Allows Time Before Rate Cuts
Federal Reserve Bank of Kansas City President signals that the U.S. economy's resilience gives policymakers room to wait before considering interest rate cuts.
Kansas City Fed President Says Tariffs Likely to Drive Inflation Higher—Magnitude Uncertain
Jeffrey Schmid, President of the Kansas City Fed, warned that tariffs are likely to fuel inflation, though the scale and timing of the impact remain uncertain.
Kansas City Fed President - 'US Agricultural Sector Highly Tense Over Tariffs'
Kansas City Fed President Jeffrey Schmid highlights agricultural sector's tension over tariffs, expresses optimism for US economy, and emphasizes Fed's independence in decision-making
Kansas City Fed Chief - 'Will Focus Squarely on Inflation Rather Than Employment'
Kansas City Fed President Jeffrey Schmid emphasizes focus on inflation over employment, expressing caution about theoretical assumptions on tariff impacts amid rising price pressures.
Kansas City Fed President - 'Not Time to Let Guard Down on Inflation'
Kansas City Fed President Jeffrey Schmid warns against complacency on inflation, expresses caution on growth outlook, and supports continued balance sheet reduction
Kansas City: Stable economic activity, modest job gains, and moderate price increases, with rising price sensitivity among consumers and skepticism in commercial real estate. #KansasCityFed#JobGains#PriceIncreases#Fed#BeigeBook