JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is “a minor thing” that Wall Street — not Main ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest ...
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall ...
Here’s how inflation and the cost of borrowing have changed since the Fed started raising interest rates in March 2022. After ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she ...
Inflation has tumbled from a peak of 9.1% in mid-2022 to a three-year low of 2.5% in August, not far above the Fed’s 2% ...