The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
US inflation data cemented big cut for one Fed official, dissent for another
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
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Fed rate cut: How inflation and home loans have changed
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
Having all but tamed inflation, the Federal Reserve is poised to do something Wednesday it hasn’t done in more than four ...
Fed delivers oversized rate cut as it gains 'greater confidence' about inflation
The Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large ...
Rand firms ahead of expected US rate cut, South African inflation data
The rand firmed on Wednesday ahead of an expected U.S. Federal Reserve interest rate cut and South African inflation data. At ...
Housing Costs Are Pushing Inflation Higher. Rate Cut Won’t Address Dearth of Supply.
Housing prices are still on the rise, and have become a stubborn contributor to inflation. The Federal Reserve is confident ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Inflation slowed in August, paving way for interest rate cut
Consumer prices rose 2.5% in August compared to a year ago, slowing more than expected and delivering welcome news for the ...