Kansas City Fed's Schmid shows hesitation about widely expected September rate cut | Crypto Craft

  • Kansas City Fed's Schmid shows hesitation about widely expected September rate cut

    From cnbc.com

    Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation. Speaking to CNBC from the Fed’s annual symposium in Jackson Hole, Wyo., Schmid pushed back on market pricing that points strongly to the Federal Open Market Committee lowering its key borrowing rate next month. “We’re in a really good spot, and I think we really have to have very definitive data to be moving that policy rate right now,” he said during a “Squawk Box” interview that aired Thursday. “In September, we’ll get around ...
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Ntambefx
Aug 21, 2025 9:50am
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It's best to leave rates unchanged for now until the effects of Trump tarrifs are fully factored into the equation.
Trump shouldn't rush the fed to cut rates while he is destabilising the markets with his TACO antics.
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Trader#2FDF
Aug 21, 2025 6:43am
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Lolzzzz no rate cut until 2027 …… hahahaha zZzzz
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