Fed's Kashkari says 50 basis points rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent ...
The Fed sees its inflation fight as a success. Will the public eventually agree?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
Fed's Kashkari says 50 bps rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent ...
Neel Kashkari Backed Fed’s Large Cut and Another Half-Point This Year
Federal Reserve Bank of Minneapolis President Neel Kashkari said he backs another half percentage point of interest-rate ...
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Inflation Progress & Labor Market Cooling: The Fed’s Rate Cut Thinking
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
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Fed rate cut: How inflation and home loans have changed
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...
We finally got a rate cut. Here’s what history says will happen next
So we finally got a rate cut — and a supersized one at that. After the move was announced Wednesday, Federal Reserve Chair ...
Fed delivers oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large ...
Everyday Economics: With rate cut, consumer confidence should improve
Last week, the Federal Reserve delivered its first rate cut since the onset of the COVID-19 pandemic. Historically, ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...