Fed members' outlooks reset bets on interest rate cuts in 2025
Both voted for the Fed's December decision to trim its key short-term Federal Funds Rate to a range of 4.25% to 4.5%. In summer 2023, the rate was 5.25% to 5.5%. However, long-term bond yields increased as the Fed cut the Federal Funds Rates.
In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s ...
Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed ...
Michelle Bowman, member of the Board of Governors of the Federal Reserve System, is speaking at the 2025 Bank Presidents ...
President-elect Donald Trump’s advisers are considering how they will reshape the leadership of the Federal Reserve including ...
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 ...
The surprise departure of Federal Reserve vice chair for supervision Michael Barr is focusing new attention on Michelle Bowman, named by analysts as the person most likely to become the Fed’s new top ...
The Fed’s favoured inflation gauge rose 2.4% in the year through November, above its 2% target. Read more at straitstimes.com ...
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday ...
Seen by many as a logical pick for the Federal Reserve's next vice chair for supervision, Gov. Michelle Bowman wants the ...
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