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Fed, Schmid

Fed's Schmid: Inflation risks remain, economy still showing momentum

By Howard Schneider WASHINGTON (Reuters) -Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high inflation and signs of price pressures spreading in the economy could raise doubts about the central bank's commitment to its 2% inflation target.

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Fed's Schmid dissented on rate cut due to inflation worries

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Fed's Schmid Voted Against Rate Cut Because of Rising Inflation Concerns

Miran Wanted a Bigger Rate Cut–Schmid Wanted None

Fed governor Stephen Miran and Kansas City Fed President Jeffrey Schmid were the sole dissenting votes at the October FOMC ...

1don MSN

Fed Hawks Press Case for No Rate Cuts, This Week and in December

On Wednesday, after the Fed's policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% ...

2don MSN

Market Voices: Airlines on gov't shutdown; Logan, Schmid on Fed rates

Delta Air Lines (DAL) and American Airlines (AAL) are asking Congress to immediately pass a clean continuing resolution bill ...

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SCHMID Group Lands Two Major AI Server Equipment Projects

SCHMID Group (SHMD) received major orders for AI server production, boosting confidence in its cutting-edge technology and ...

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SCHMID Group secures Major Orders for AI Server PCB Production Equipment

In one project, SCHMID will deliver a complete wet-process equipment setup featuring its advanced V+ and H+ systems. The second project involves the supply of technically critical horizontal H+ ...

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