Fed’s Schmid warns against rate cuts in response to weaker outlook

Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.

Feb 27, 2025 - 16:23
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Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.