Federal Reserve Financial institution of Kansas Metropolis President Jeffrey Schmid spoke earlier:
- Fed’s Schmid requires cautious, gradual, deliberate strategy to fee cuts
Extra now:
- Very robust dedication on the Fed for two% inflation
- Fed does not focus an excessive amount of on anticipated shocks
- Anticipate modest cuts in upcoming quarters
This text was written by Eamonn Sheridan at www.forexlive.com.
