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Schmid: Guideposts for Supervision and Regulation as a Central Banker
Thank you for the invitation to join you this morning. I appreciate the opportunity to speak with you, and I look forward to our discussion. I will spend most of my time speaking about the Fed’s role as a supervisor and regulator of the nation’s banking system, but with the recent Federal Open Market Committee meeting attracting much attention, I will first offer a few words on last week’s monetary policy decision and my thoughts on the outlook for policy going forward. As I am sure you are all aware, the FOMC lowered its target policy rate by 25 basis points last week. I supported this decision. Let me explain ... (full story)
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*SCHMID: INFLATION REMAINS TOO HIGH, LABOR MKT. STILL IN BALANCE
— Bloomberg Breaking News (@Top_Bloomberg) September 25, 2025
*FED'S SCHMID SAYS LABOR MARKET SHOWED RISK OF ABRUPT WEAKENING
*SCHMID: QUARTER-POINT CUT WAS REASONABLE RISK-MANAGEMENT MOVE
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Fed's Schmid: Fed policy is slightly restrictive; which is the right place to be.
— FinancialJuice (@financialjuice) September 25, 2025
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Fed's Schmid: Going forward will be data-dependent on monetary policy choices
— FinancialJuice (@financialjuice) September 25, 2025
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