Inflation rose 2.4% year-over-year last month, with the Consumer Price Index increasing 0.1% for the month.Core inflation also rose 0.1% monthly and 2.8% annually, driven largely by shelter and ...

Bowman’s openness to cutting rates soon is joined by that of Fed Governor Christopher Waller, who said in a television interview Friday he’d also consider a rate cut at the July 29-30 meeting.

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 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 offici ...

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.

“While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could ...

A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central ...

Powell holds cautious Fed stance as Bostic resists cuts while Waller, Bowman push for July easing. Dollar weakness signals ...

The Federal Reserve has gotten lots of media attention recently, notwithstanding everything else that’s happening in the ...

Federal Reserve’s Bowman says rate cut should be on table in July Bowman said Trump’s tariffs have so far not caused the jump in inflation that many economists feared.