Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
NBC News' Angie Lassman discusses the latest weather conditions in Los Angeles as five wildfires continue to scorch the area.
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising ...
Before the strong December jobs report was released, the odds were already low for an interest rate cut in the next Federal ...
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
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But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than ...
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Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed ...
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