Michelle Bowman, a member of the Federal Reserve’s Board of Governors, has expressed her support for the recent interest rate ...
The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 ...
Crypto investors no doubt spent much of this week fondly remembering the good old days, i.e., much of 2024, when their ...
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.
In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s ...
The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market.
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
Just before Joe Biden leaves the White House and Donald Trump returns, two prominent Republican members of the Federal ...
Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...
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 ...