In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s ...
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, dollar, and Treasury yields.
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one ...
United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.
Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...
Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels ...
At least four Federal Reserve officials are speaking Thursday, including Federal Reserve Bank of Boston President Susan ...