Hawkish Fed comments Thursday, when equity markets were closed, were bearish for bonds and stocks. Fed Governor Bowman said, "The rate of inflation declined significantly in 2023, but this progress ...
Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
Philly’s Patty Harker said that he is prepared to make additional cuts – but the timing depends on what the data suggests. He was clearly more dovish than the other three. In any event – my sense is ...
Without the gyrations caused by strikes and storms, the overall picture for the close of 2024 is expected to reflect steady growth.
Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, dollar, and Treasury yields.
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one ...
United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
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 Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...