Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
The rise in bond yields at a time when the central bank is lowering interest rates could test the economy, the markets and ...
The Federal Reserve has welcomed the New Year by more of the same. As government spending continues to explode, the Fed ...
Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed ...
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
These are today's mortgage and refinance rates. Mortgage rates have gone up thanks to strong economic data. Where they go ...
Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and ...
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...
U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad tariffs ...
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