News list for " cut interest rates because"

Mr. Schmid, the president of the Kansas Fed, signalled he was not ready to support a rate cut because inflation was above target and the labour market remained healthy, albeit somewhat cooler. In remarks to the Kansas Bankers Association, Mr. Schmid said the recent drop in inflation was "encouraging" and that more reports of low price pressures would increase his view on inflation.

2024-08-08 23:15:24