The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...

The British pound rose against the dollar on Wednesday after UK inflation data boosted the market view that the Bank of ...

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

The Federal Reserve governor said she thought a half-point cut could be seen as a “premature declaration of victory.” ...

The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make ...

Federal Reserve Governor Christopher Waller backs a 50-basis-point interest-rate cut due to declining inflation, with ...

Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...

JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...

Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...

Both CPI and PCE inflation are calculated by tracking the prices of a representative sample of goods and services, often ...

The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...

Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she ...