The latest inflation readings normally would be telling the Fed not to cut interest rates. Higher rates tend to squelch inflation. Yet a weakening labor market - fewer people being hired and rising ...

Bowman was first nominated to the Fed’s board of governors by Trump in 2018 and reappointed in 2020. She was also appointed ...

Economic tremors in financial markets as global shifts lead banks to revise interest rate forecasts. JPMorgan expects Sept ...

Donald Trump says "the Two Kevins" are among the leading candidates to lead the Federal Reserve. Someone else is surging in ...

On balance, between price gains and weak job additions, inflation is "the bigger problem through the end of the year" for the ...

September S&P 500 E-Mini futures (ESU25) are up +0.64%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.77% this ...

Wall Street traders worried about the jobs market and the impacts of President Donald Trump’s tariffs knocked down stocks, ...

Fed governor Christopher Waller flagged such concerns in a speech two weeks ... said Michael Gapen, chief U.S. economist at ...

Based on their public comments in the past two months, it’s possible that governors Christopher Waller and Michelle Bowman could vote against leaving the short-term rate at about 4.3%.

There were some signs of splits in the Fed’s ranks: Governors Christopher Waller and Michelle Bowman voted to reduce borrowing costs, while nine officials, including Powell, favored standing pat.

The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense ...