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Schmid: Monetary Policy and the Economic Outlook
Thank you for joining me today. It is an honor to be in the beautiful state of New Mexico, and in Albuquerque, one of the largest cities in the seven-state region that makes up the Federal Reserve’s Tenth District. The Federal Reserve’s regional structure, with 12 independent and locally rooted district banks spread across the country, is one of the most defining features of the nation’s central bank. These regional banks, including the Kansas City Fed, work alongside the Board of Governors, located in Washington, D.C., to set monetary policy and influence interest rates across the entire economy. This system ... (full story)
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FED'S SCHMID SAYS APPROPRIATE TO KEEP RESTRICTIVE MONETARY POLICY WITH INFLATION CLOSE TO 3%
— First Squawk (@FirstSquawk) February 11, 2026
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FED'S SCHMID SAYS NOT SEEING EVIDENCE CURRENT LEVEL OF INTEREST RATES IS RESTRAINING ECONOMY
— First Squawk (@FirstSquawk) February 11, 2026
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SCHMID: FURTHER FED RATE CUTS COULD ALLOW HIGHER INFLATION TO PERSIST FOR LONGER
— First Squawk (@FirstSquawk) February 11, 2026
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FED'S SCHMID: PRODUCTIVITY IMPROVEMENTS COULD ALLOW FASTER GROWTH WITHOUT INFLATION, BUT 'WE ARE NOT THERE YET'
— FinSquawk (@finsquawk_) February 11, 2026
- CURRENT INFLATION RATE INDICATES STILL-STRONG DEMAND IS OUTPACING IMPROVEMENTS IN SUPPLY
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