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% ...
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 ...
The Federal Reserve's rate cuts do not directly set consumer interest rates, which are determined by market and institutional ...
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto ...
The Fed made an unexpected half-point rate cut, its first since 2020, as it aims to balance robust employment with its ...
I am a little more skeptical than other people. I give it lower odds.” ...