{"id":116793,"date":"2025-11-02T00:10:21","date_gmt":"2025-11-02T00:10:21","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/116793\/"},"modified":"2025-11-02T00:10:21","modified_gmt":"2025-11-02T00:10:21","slug":"feds-schmid-cites-inflation-risks-in-dissent-against-rate-cut","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/116793\/","title":{"rendered":"Fed\u2019s Schmid Cites Inflation Risks in Dissent Against Rate Cut"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank\u2019s decision to lower interest rates this week because he\u2019s concerned that economic growth and investment will put upward pressure on inflation. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cBy my assessment, the labor market is largely in balance, the economy shows continued momentum, and inflation remains too high,\u201d Schmid said in a statement released Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank\u2019s decision&hellip;\n","protected":false},"author":2,"featured_media":116794,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,18478,4990,113,18913,1961,61,1095,5232,60,70102,11410,1630,5231,18514],"class_list":["post-116793","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economic-growth","tag-economics","tag-economy","tag-federal-open-market-committee","tag-federal-reserve","tag-ie","tag-inflation","tag-interest-rates","tag-ireland","tag-jeff-schmid","tag-kansas-city","tag-labor","tag-monetary-policy","tag-reserve-bank"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/116793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=116793"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/116793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/116794"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=116793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=116793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=116793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}