Source: Reuters

Kansas City Fed: Fed's Schmid signals open mind on September rate cut

Kansas City Fed Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday he was taking a closer look at the dynamics behind the rise in the unemployment rate and would let data guide him on whether to support a rate cut next month.

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1.0-5.0K
Jeffrey R. Schmid's photo - President & CEO of Kansas City Fed

President & CEO

Jeffrey R. Schmid

CEO Approval Rating

82/100

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