They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
The Federal Reserve's rate cuts do not directly set consumer interest rates, which are determined by market and institutional ...
The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the ...
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
The Federal Reserve Bank cut the Federal Funds Rate by 0.5% at its September board meeting, bringing the rate range between 4 ...
I am a little more skeptical than other people. I give it lower odds.” ...
The Fed made an unexpected half-point rate cut, its first since 2020, as it aims to balance robust employment with its ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...