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 ...

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

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

After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...

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

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...

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

The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in ...

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

With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...