They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...

Experts are split on whether they agree with the rate cut; a rate reduction this large is usually reserved for recessions.

Inflation might actually fall too far, the Fed governor says, opening the door wider for more half-point interest-rate cuts.

After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...

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 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 ...

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 ...