Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
The Federal Reserve's preferred price metric and consumer demand data support the recent interest-rate cut and Chair Jerome ...
The sole holdout in the US Federal Reserve's (Fed) 11-to-1 vote cementing a larger interest rate cut said Friday that the ...
It's worth noting that the Fed chose to slash rates by 50 bps this week, with the Atlanta Fed GDPNow (Q3) forecast at 2.93%.
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Michelle Bowman, who advocated for 25 basis points of rate cut, believes moving at measured pace will ensure bringing ...
Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate ...
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The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s ...
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