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Fed’s Bowman Says Big Rate Cut Could Be Seen
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead
We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during an interview with CNBC on Friday. Waller has se
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.
1d
on MSN
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
1d
Interest Rates & Inflation: Bank Rate Held At 5% In Battle Against Persisent Price Rises
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
1d
Japan Inflation Firms To 2.8% Ahead Of BoJ Rate Decision
Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours ...
1d
Ukraine Extends Interest-Rate Pause as Inflation Flares Up
Ukraine’s central bank left interest rates unchanged for a second straight meeting in a sign that policymakers won’t tolerate ...
1d
South Africa central bank joins easing club with 25 basis point rate cut
South Africa's central bank struck a measured tone after its first rate cut in more than four years on Thursday, saying ...
1d
on MSN
Bank of England holds Bank Rate steady at 5%, urging sustainable path to target inflation
The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a ...
1d
on MSN
Mortgage rates are coming down — and home buyers are ready to pounce
Homebuyers are rushing to take advantage of lower mortgage rates following the Federal Reserve’s recent interest rate cut.
11h
on MSN
Equities slip as investors pause after rally on rate cut
U.S. stocks dipped on Friday, as investors paused after a strong rally in the prior session that was fueled by an upsized ...
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