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 ...
(Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in central bank ...
According to FedWatch, a tool that looks at futures prices on the Federal Funds rate, 85% of those traders expect a quarter-point cut, while 15% expect a half-point hike (as of the morning of Sept. 11 ...
Policymakers are expected to announce a long-awaited rate cut next week, as inflation cools and worries spread about a ...
The Federal Open Market Committee has three scheduled meetings remaining in 2024 and markets expect interest rates to be cut ...
Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.
The Labor Department reported that inflation cooled to a 2.5 percent annual rate in August, and mortgage rates have dropped ...
Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the ...
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low ...
Since the Fed began tightening its monetary policy in March 2022, the FOMC has voted unanimously on every policy move and statement. Bowman has positioned herself as one of the more hawkish — or ...
Excluding food and energy, core prices—closely watched by economists—rose 3.2% year-over-year, with a monthly increase of 0.3 ...
Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger move could still be on the table if jobs data weakens.