Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...
Fed's Rate Cut Offers Limited Relief for US Factories Facing China Competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
China's central bank chief set to hold press conference days after Fed rate cut
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator ...
The Fed Calls Inflation Fight a Success. When Will the Public Notice?
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...