Jeffrey Schmid replaces Esther George, who retired in January
Weakening inflation suggests the Fed may be able to achieve a difficult ``soft landing'' for the economy
Here's how certain trends may play out
A key question is whether Wednesday's increase will be the Fed's last
Economists have been downgrading their probabilities of a U.S. recession
The latest evidence of economic strength makes it all but certain that the Fed will resume rate hikes
Many economists described the message from the June meeting as a blurry one
Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says
Signals there could be two more hikes this year
SIFMA survey finds U.S. industry economists expect Federal Open Market Committee to hit pause