Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
Participants for the most part favored slowing the pace of rate cuts, after approving a 0.25% reduction last month, the third ...
Inflation has cooled considerably since peaking in June 2022, but the annual rate remains above the Federal Reserve's goal of ...
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets ...
Spiking bond yields and falling hopes for rate cuts are giving gold a lift. What’s ahead for the precious metal.
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