The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Berkshire Eagle41m
The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
Stocks Slide as Volatile Session Continues
The Dow’s afternoon gains faded as a volatile session for the stock market rolled on. The blue-chip index was down 18 points, or less than 0.4%, after trading higher. The S&P 500 was down 0.4%. The ...
US inflation data cemented big cut for one Fed official, dissent for another
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials, in their first public comments since the U.S. central ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Stock market today: Wall Street hovers around records as FedEx slumps
FedEx dragged on the market with a drop of 13.5% after its profit and revenue for the latest quarter fell short of analysts’ ...
Why Fed bets were so out of whack: Waller explains what put him 'over the edge' for a jumbo rate cut
Federal Reserve Governor Christopher Waller said Friday that it was the August inflation data released during the Fed's blackout period - and not concerns over a weakening labor market - that ...
Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she ...
The Grand Junction Daily Sentinel1h
US Fed dissenter calls for 'measured' pace of rate cuts
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move ...
The Columbian2h
Stock market today: Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...
kq23h
Will the Federal Reserve cut interest rates again this year?
The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation ...