Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
The Federal Reserve governor said she thought a half-point cut could be seen as a “premature declaration of victory.” ...
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what ...
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make ...
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 Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
Federal Reserve officials believe that inflation will cool faster than previously expected this year. In the summary of ...
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
By finally beginning to cut interest rates, the central bank is sending a strong message about the economy. Will voters hear ...