They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...
The probability of inflation-success and growth-success is around 3%, by historical evidence. Read more on the macroeconomy ...
The Federal Reserve (Fed) aggressively slashed interest rates Wednesday, announcing the first rate cut since March 2020. The ...
After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
The Federal Reserve's rate cuts do not directly set consumer interest rates, which are determined by market and institutional ...
Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank's effective benchmark rate to ...
Gold prices hit record highs after Fed’s surprise rate cut. Will inflation reports and geopolitical tensions continue to fuel ...
The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the ...
Michelle Bowman, who advocated for 25 basis points of rate cut, believes moving at measured pace will ensure bringing ...
In a widely anticipated move, the Federal Reserve announced on 18 September, 2024, that it was cutting its benchmark interest ...