Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.
Developing-world stocks extended their week of gains on Friday as the Federal Reserves rate cut boosted appetite for risky assets, followed by monetary policy action across some of the biggest ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change ...
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...
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 ...
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signaling its confidence ...
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...