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.
Michelle Bowman, who advocated for 25 basis points of rate cut, believes moving at measured pace will ensure bringing ...
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 ...
The Federal Reserve's preferred price metric and consumer demand data support the recent interest-rate cut and Chair Jerome ...
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
The sole holdout in the US Federal Reserve's (Fed) 11-to-1 vote cementing a larger interest rate cut said Friday that the ...
Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate ...
The most anticipated Federal Reserve announcement in recent memory was finally revealed on Wednesday and the decision was made to reduce rates from 5-5.25% down to 4.75-5% with a .50% ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
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%.
So earnings should continue to justify rational exuberance. The problem is valuation. Warren Buffett has been raising cash probably because his Buffett Ratio (measured as the S&P 500's price index to ...