Fed Governor Bowman noted that despite recent progress on inflation, price growth levels still remain well-elevated compared to the central bank's target ranges, and that recent moves in the ...
The economist and New York Times Opinion columnist Paul Krugman makes the case for aggressive rate cuts by the Federal ...
Bowman — who was in Anchorage to discuss the Fed's efforts to make the banking system more inclusive for indigenous peoples — acknowledged the evolving economic picture. She called the most recent ...
The Federal Open Market Committee has three scheduled meetings remaining in 2024 and markets expect interest rates to be cut ...
Excluding food and energy, core prices—closely watched by economists—rose 3.2% year-over-year, with a monthly increase of 0.3 ...
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index ...
Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.
Investors, economists and politicians are at odds over whether the central bank should cut interest rates by a quarter-point, ...
Investing.com -- Federal Reserve Governor Michelle Bowman said Tuesday she remains cautious on interest rate cuts and warned against overreacting to recent data showing easing inflation as upside ...
Aug 20 (Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside ...
Bowman's latest comments come as market participants ... The most recent price indexes tracked by the Fed peg inflation at around 2.5%. But Bowman questioned the durability of recent trends.