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Top Fed Official Backs New Rate Cuts
US Fed's December Rate Cut Should Be Its Last For Now: Official
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the "final step" in the easing process. Even with the full percentage points of cuts from September through December,
Fed's Collins says now is time for patient, gradual approach to rate cuts
Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for the central bank moving forward cautiously with future rate cuts. “With an economy that is in a good place overall and policy already closer to a more neutral stance,
14h
Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
15h
on MSN
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, ...
16h
Fed’s Harker Sees Solid Economy Today, Little Certainty Tomorrow
Federal Reserve Bank of Philadelphia President Patrick Harker remains confident in inflation’s meandering path toward a 2% ...
1d
Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
Banks told the Fed ahead of the December policy meeting that they saw this process ending in June of this year.
15h
on MSN
U.S. households are piling on record credit card debt, says Fed report
But Americans' kitchen table finances are also in a precarious place, with credit card balances reaching a new high. The news ...
1d
on MSN
10-year Treasury yield holds near 8-month high as jobs data and Fed minutes loom
U.S. bond yields were little changed early Wednesday, with benchmark yields hovering close to their highest since April last year as inflation concerns linger.
1d
on MSN
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.
20h
on MSN
Fed can soothe Trump or Treasuries, not both: Mike Dolan
By Mike Dolan LONDON (Reuters) -Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool ...
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