The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
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.” ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
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 ...
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 ...
Federal Reserve Governor Christopher Waller backs a 50-basis-point interest-rate cut due to declining inflation, with ...
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown ...
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
The Federal Reserve on Sept. 18 lowered its benchmark interest rate by an unusually large half-point, a dramatic reduction ...