Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The reaction to the rate cut has been positive across the soft landing checklist. Odds of avoiding recession are higher ...
Arthur Hayes, co-founder of BitMEX, has voiced concerns that the recent U.S. Federal Reserve rate cut could have been ...
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
U.S. inflation slowed to 2.5 percent in the year through August, but beneath the surface the details suggested that the costs ...
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large ...