Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.

Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts and only ...

Schmid also spoke about continuing to reduce the Fed's balance sheet, reversing some of the actions it took to increase ...

Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...

Kansas City Fed President Jeff Schmid said Thursday that he wants to continue to shrink the central bank’s footprint in ...

Kansas City Fed President Jeff Schmid indicated on Thursday that he’s comfortable with pausing additional interest rate cuts ...

Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the US central bank comes into the new year facing a resilient economy and inflation ...

United States Federal Reserve officials are leaning toward a neutral policy stance as they await clearer direction from ...

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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 ...

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.

Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...