JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...
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 ...
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
While inflation has long been seen as the Fed's sole mandate, it's also starting to show signs of concern for the job market.
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...