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

We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during ...

Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...

A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...

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

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

There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.

Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...

U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...

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

The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...

The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.