Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...

Consumer prices rose 2.4 percent versus last year, ticking down from the pace of the previous month. It was less of a ...

Alf and Brent discuss the most recent US macro data releases: the hurricane impacted jobless claims, and core inflation has ...

Shelter inflation has been a stumbling block for the Federal Reserve in its fight against inflation. September's Consumer ...

Federal Reserve Board Member Michelle W. Bowman criticized the central bank’s decision to cut the federal funds rate by 50 ...

The dissenting governor, Michelle Bowman, said she voted against the larger interest rate cut because she would have ...

Big bank earnings, Tesla robotaxi event, CPI inflation, Federal Reserve officials' remarks and meeting minutes, consumer ...

The Fed statement on September 18 may have looked simple, but the 50 bps rate cut had its own detractors and sceptics ...

Collins said that while core inflation pressures remain elevated, she is increasingly confident inflation is moving back to ...

The annual Social Security COLA is based on the third-quarter change in the CPI-W, or Consumer Price Index for Urban Wage Earners and Clerical Workers. In July, the index rose 2.9%. In August, it was ...

MICHELLE BOWMAN CAUTIOUS ON RATES. When the Fed announced its monetary policy statement on September 18, 2024, it had cut the ...

Supporters of the half-point cut ‘observed that such a recalibration of the stance of monetary policy would begin to bring it ...