A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, likely reinforcing a wait-and-see approach from the central bank.
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Stocks are ending a wild week on a positive note after solid forecasts from tech heavyweights eased concern about the outlook for the industry that has powered the bull market.
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
It all began around 10 years ago during the Obama administration, with the former president, famous for bringing progressive ...
With the start of a year that is expected to have less inflation, monetary easing and more economic growth, Mitsubishi HC ...
The Reserve Bank of India (RBI) is set to cut its main policy rate on Feb. 7 followed by just one more cut next quarter, according to economists polled by Reuters, who have kept their views largely ...
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
Without the boost of nonlocal banking behemoths, that total drops to $19.5 billion. But commercial loans for Kansas City’s ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...