Two Regional Fed Reserve Bank Presidents Come Out Against This Week’s Rate Cut

Charting the Global Economy: Fed Reins in Rate-Cut Expectations

(Bloomberg) — Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt climbed after the heads of US Federal Reserve and the Bank of Canada damped expectations for further reductions by year-end.

US’ Fed Kansas official opposes rate cut due to inflation concerns

Inflation has been running above Fed’s 2% target for more than 4 years, says Jeffrey Schmid - Anadolu Ajansı

Two regional Fed Reserve bank presidents come out against this week’s rate cut

Dallas Fed President Lorie Logan and Kansas City Fed President Jeffrey Schmid disagreed with need for cut, citing resilient job market and high inflation

Fed official warns inflation is still too high for more rate cuts

Federal Reserve officials are divided again over the direction of interest rates. Kansas City Fed President Jeffrey Schmid has been saying since the summer that inflation is too high. You’re probably one of the millions of Americans who agrees with…

Fed rate cut: The skeptics' case

The hawks on the Federal Open Market Committee see resilient growth, booming financial markets, too-high inflation, and a labor market that is more or less chugging along. That, they argue, means cutting rates further right now would be a mistake. Why it matters: In the last couple of months,…