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fed official expresses caution on future interest rate reductions

Federal Reserve Bank of Kansas City President Jeff Schmid expressed caution regarding the future of interest rates, indicating uncertainty about how much further they should decline. In remarks at an energy conference, he noted that while it's time to ease monetary policy, the ultimate level of interest rates remains to be determined.
bloomberg.com
Federal Reserve Bank of Kansas City Dallas reserve banks USA Jeff Schmid
Finance & Economy, Transcript
19:30 13.11.2024
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