Upside Risks to Inflation 'Remain Prominent,' Fed's Bowman Says; China Delivers Another Rate Cut By Hardika Singh Inflation remains more of a concern than potential weakness in the labor market, ...
Two Federal Reserve officials explained why they supported a 50 basis point rate cut, citing progress on inflation and a cooling job market.
The Federal Reserve's preferred price metric and consumer demand data support the recent interest-rate cut and Chair Jerome ...
STILLWATER — Alan Bowman, in a celebration befitting of his name, pulled back the string of a bow and launched an imaginary arrow. It matched the arc of the 58-yard bomb Bowman had just uncorked to ...
"We now have a legal ability that we did not previously have to ensure that that maintenance is undertaken,” said Jennifer ...
Central bank’s rate-setting committee says it has ‘greater confidence’ inflation is moving towards two-percent target.
But the FOMC signaled that it may not necessarily follow today's 50 bps rate cut with additional large reductions in upcoming meetings. The median dot in the so-called "dot plot" implies two 25 bps ...
The Federal Reserve cut interest rates for the first time in more than four years Wednesday, ending its most aggressive ...