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, ...
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 ...
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 has moved on from inflation. People are still worried
The Federal Reserve framed its big interest rate cut last week as a “recalibration” of policy, shifting its focus from ...
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 ...
Middle East tensions, rate cut bets power gold to record high
Gold rose 1% and hit a record high on Tuesday, building on its recent rally as Middle East tensions fed its safe-haven appeal ...
Fed’s Bowman says inflation remains a concern despite recent progress
While it has not been my baseline outlook, I cannot rule out the risks that progress on inflation could continue to stall,” Fed Gov. Michelle Bowman said.