Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
Schmid Wants to Further Reduce Fed’s Balance Sheet
Kansas City Fed President Jeff Schmid said Thursday that he wants to continue to shrink the central bank’s footprint in ...
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Stocks wobble ahead of US jobs data; bonds in the spotlight
SYDNEY/LONDON - Global stocks were under pressure on Friday ahead of a U.S. jobs report later on that could exacerbate or ...
Stocks fall, US yields near 8-month high ahead of jobs data
Global share markets were under pressure on Friday as investors counted down to a U.S. jobs report later in the day that could exacerbate or ease the sell-off in the global bond market, while the ...
Kansas City Fed’s Schmid Sees No Rush for More Cuts
Kansas City Fed President Jeff Schmid indicated on Thursday that he’s comfortable with pausing additional interest rate cuts ...
Fed's Bowman said December rate cut was 'last step" in 'policy recalibration'
Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...
Asian markets drift lower as US jobs data looms
Equities fell again in Asia on Friday as traders prepared for the release of US jobs data that could play a key role in the ...
Dollar climbs for 3rd straight session, sterling weakness continues
The U.S. dollar strengthened for a third straight session on Thursday as Treasury yields dipped but held at elevated levels ...