They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
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 ...
U.S. stocks gained following the release of the statement and updated quarterly economic projections before reversing course ...
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 ...
Federal Reserve Governor Christopher Waller said Friday he backed a 50-basis-point interest-rate cut at this week's Federal ...
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...
The Federal Reserve cut its key interest rates half a percentage point Wednesday, a strong move that reverses two years of ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she ...