News

The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she ...
A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job ...
The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her ...
In a speech at a bankers’ conference in Colorado Springs, Colo., on Saturday, Bowman said a bleak jobs report last week ...
Bowman said in prepared remarks she supports multiple interest-rate cuts and that her view had been reinforced by recent weak ...
Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer.
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next choice will be far more consequential — and it’s already taking shape.
But elsewhere, in Japan and Europe, indicators point in the opposite direction, with economies recovering slightly. Since the U.S. government must compete with other governments to borrow, central ...
Federal Reserve Governor Michelle Bowman said Saturday that she is looking at three interest rate cuts this year given concerns about the strength of the job market and the overall US economy. Bowman ...
Mr. Trump’s tariffs are now clearly fueling inflation, particularly in goods such as home appliances, cars and food. In the ...
Michelle Bowman also made the case that price increases from President Donald Trump's sweeping tariffs this year will likely ...
Australians’ disposable income has finally recovered to where it was before the pandemic and is poised to be buoyed by an interest rate cut as the Reserve Bank makes up for its shock decision last ...