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

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 ...

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 Federal Reserve's recent interest rate cut is reducing recession fears and combatting inflation effectively. Read more ...

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

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

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

U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...

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

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

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