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Jeffrey Schmid
President and Chief Executive Officer
PDFClick here to read his remarks at the Kansas Bankers Association Annual Meeting in Colorado Springs, Colorado.
Why Haven’t Recent Rate Increases Slowed the Economy More?
Despite a large and rapid increase in the policy rate since March 2022, economic activity has remained resilient. We argue that private-lending spreads—the difference between the policy rate and...
Tenth District Manufacturing Activity Declined Less in August
Regional factory activity did not decline as much in August following a sharper decline last month. Production rebounded...
Tenth District Services Activity Grew Somewhat in August
District services activity grew somewhat in August as sales among business and professional firms rebounded. Business...
Commercial Real Estate Activity in the Tenth District Continued to Stabilize
The KC Fed CRE Index - 2024 Third Quarter Release
LMCI suggests the level of activity was little changed, and momentum decelerated moderately in July
The level of activity was little changed in July at 0.50, still above its historical average though half as high as a year ago...
The KCFSI suggests financial stress increased moderately in July
The Kansas City Financial Stress Index (KCFSI) increased moderately from -0.66 in June to -0.33 in July, remaining below its historical average.
Events
Banking & Supervision Forum - Scottsbluff, NE
, MDTThis in-person forum will provide an opportunity for district bankers to join us for a discussion on emerging topics and economic conditions.
Investment Connection - Colorado 2024
– , MDTPresentations on eight new and existing community and economic development proposals from across Colorado will be shared.
2024 Minorities in Banking Forum
Multi-day event, – Federal Reserve Bank of Cleveland, 1455 East Sixth Street, Cleveland, OH 44114This event is designed to bring together mid- to senior-level leaders in the financial services industry and will focus on diversity and inclusion, leadership, and career enhancement. Sessions will include industry updates, professional development conversations, diversity and inclusion strategies, and networking opportunities.
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