With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
In the clamor of the campaign season, we are missing what should be a landmark event.
In Europe, shares of Germany's Commerzbank (CBKG.DE) fell 6% as the government said it would retain its 12% stake in the ...
The rate cut that everyone was waiting for finally arrived. Markets offered a resoundingly positive response to the end of ...
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent ...
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumbo rate cut will make ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...
That news doesn't directly impact the 2025 COLA, but it shows that the Federal Reserve believes that inflation has been tamed and will likely continue to fall toward its goal of 2%. It's also a sign ...
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...