Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon
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.
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% ...
Fed governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...
香港電台網站9h
US stocks mixed as Fed officials explain rate cut
US stocks finished mixed on Friday, with the Dow closing at a fresh record as Federal Reserve officials spoke out about their ...
Gold records all-time high, surpasses $2,600
Gold surges to new all-time high above $2,600, fueled by expectations of further Fed rate cuts. Fed Governor Waller backs 50 ...
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Something Just Happened at the Federal Reserve for the First Time Since 2005. Should Investors Be Worried?
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.
Swissinfo11h
Stocks Churn in Final Minutes of Big Options Day: Markets Wrap
A rally in US stocks lost traction as the euphoria following the Federal Reserve’s half-point interest rate cut faded while expiring derivatives contracts and a big rebalancing magnified Friday’s ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Stock Market Today: Dow ekes out gain to clinch record close
At 4.00 p.m. ET (2000 GMT), Dow Jones Industrial Average rose 38 points, or 0.1% to a record close of 42,063.36. The S&P 500 ...
Fed's Bowman voted against jumbo cut to avoid signaling victory on inflation
Fed Governor Michelle Bowman said Friday that she voted against the central bank's decision to begin the rate-cutting cycle ...