Fed Governor Bowman noted that despite recent progress on inflation, price growth levels still remain well-elevated compared to the central bank's target ranges, and that recent moves in the ...

Inflation across the U.S. continued to recede in August as the rate of price hikes returns to pre-pandemic levels.

According to FedWatch, a tool that looks at futures prices on the Federal Funds rate, 85% of those traders expect a quarter-point cut, while 15% expect a half-point hike (as of the morning of Sept. 11 ...

(Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in central bank ...

The Federal Open Market Committee has three scheduled meetings remaining in 2024 and markets expect interest rates to be cut ...

Policymakers are expected to announce a long-awaited rate cut next week, as inflation cools and worries spread about a ...

A new reading on wholesale prices suggests inflation, as measured using the Federal Reserve’s preferred gauge, was considerably milder last month than indicated by the consumer-price index.

The Labor Department reported that inflation cooled to a 2.5 percent annual rate in August, and mortgage rates have dropped ...

Excluding food and energy, core prices—closely watched by economists—rose 3.2% year-over-year, with a monthly increase of 0.3 ...

Since the Fed began tightening its monetary policy in March 2022, the FOMC has voted unanimously on every policy move and statement. Bowman has positioned herself as one of the more hawkish — or ...

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low ...

The Federal Reserve unveiled that it's planning to scale back a proposal to raise capital requirements for banks after ...