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 backed the move to slash interest rates adding that the US economy is in good shape.
The US Federal Reserve has cut interest rates by 50 basis points, the first reduction in over four years, aiming to revers ...
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Core CPI – which excludes food and energy costs – rose 0.3% in August, faster than a forecast 0.2% and 0.2% in July. The core ...
US August inflation rate falls to lowest since Feb 2021, easing pressure on consumer goods and services. CPI saw cooler ...
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and cover medical and retirement ...
Brazil’s central bank increased its benchmark interest rate by a quarter-point in the first hike since 2022, as a jump in ...
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks ...