Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut

Key Points

Kansas City Federal Reserve President Jeffrey Schmid in a CNBC interview Thursday expressed doubt about lowering interest rates in September, saying there’s more work to do on inflation.
Schmid is a voter this year on the rate-setting FOMC.

Source

Finance

SEC to propose rule change on Trump’s call to end quarterly earnings reporting, says Chair Atkins

September 19, 2025

watch now VIDEO5:1205:12 SEC Chair Paul Atkins: We will propose rule change on Trump’s call to end quarterly reports Squawk Box Paul Atkins, chairman of the U.S. Securities and Exchange Commission, said his agency will propose a rule change following President Donald Trump’s call to switch quarterly earnings reports to a semiannual schedule. “I welcome that posting […]

Finance

Fed’s Kashkari advocates two more rate cuts this year as he sees limited tariff impact on inflation

September 19, 2025

Key Points Minneapolis Fed President Neel Kashkari said Friday that he expects tariffs to expert minimum long-term pressure on inflation, leaving room for multiple interest rate reductions ahead. Kashkari said a weakening labor market combined with the muted impact of the duties give him reason to advocate for at least a bit easier policy. Source

Finance

Stocks making the biggest premarket moves: FedEx, Intel, Lennar, Apple and more

September 19, 2025

Check out the companies making headlines before the bell : FedEx — Shares popped 5.5% on the back of a better-than-expected earnings report for the fiscal first quarter. FedEx earned an adjusted $3.83 per share on $22.24 billion in revenue, while analysts polled by LSEG forecasted $3.59 per share and $21.66 billion. Intel — The […]