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Trump's top central bank overseer said inflation appears to be on a path back to 2% and expects “only minimal impact” from trade policy.
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
Her remarks signal a shift within the central bank and highlight growing internal tension over whether the Fed should move quickly to ease policy.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Economists expect the Consumer Price Index, to be released at 8:30 a.m., to show that the annual rate of so-called core ...
Federal Reserve governor Michelle Bowman supports a rate cut 'as soon' as July, highlighting the growing division within the central bank about whether to ease monetary policy in the near term.
The Associated Press on MSN23d
Federal Reserve's Bowman says rate cut should be on table in JulyFederal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed ...
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...
Fed minutes may reveal splits on rate cuts as Trump’s new tariffs fuel inflation risk. Traders brace for volatility in bond ...
Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later ...
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed ...
Michelle Bowman backs a potential July rate cut as inflation remains muted, highlighting divisions within the Federal Reserve leadership.
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