Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing confidence that inflation is headed down, but gave no steer on how many more rate cuts he feels may be appropriate.

Federal Reserve Bank of Kansas City President Jeff Schmid on Wednesday sounded a note of caution about how much more the US central bank will need to lower interest rates.

Kansas City Federal Reserve President Jeffrey Schmid on Wednesday said the extent to which interest rates will fall is uncertain, while also highlighting some of the implications of artificial intelligence (AI) in the energy sector.

While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ‘good place’ to respond to any economic developments.

Nov 12 (Reuters) - With inflation close to the Federal Reserve's 2% target, the labor market resilient, and the U.S. central bank in the process of lowering borrowing costs, policymakers are ready to respond if inflation pressures rise or the job market weakens, Richmond Fed President Thomas Barkin said on Tuesday.

Federal Reserve Bank of Richmond President Thomas Barkin said the economy is in a good place, which has allowed the US central bank to lower borrowing costs.

The Federal Reserve is in the "last mile" of its inflation fight, with price pressures converging towards the U.S. central bank's 2% target, though recent data have raised the risk that progress may slow or reverse,

Getting inflation back to where the bank wants it to be will require restrictive rates for a while longer, according to the president of the St. Louis Federal Reserve.