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

By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials, in their first public comments since the U.S. central ...

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

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

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

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

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

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

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

Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...

Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.

Until this move, the Fed used high rates to cool the once-overheated economy. You might recall that in March 2022, the Fed ...