Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
Federal Reserve Officials at December Meeting Expected Slower Pace of Rate Cuts Ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs
Rate-Cut Decision Was Narrow, Fed Minutes Show
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central bank’s Dec.
Fed's Christopher Waller Supports Rate Cuts Despite Trump Tariff Concerns
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns.
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the "final step" in the easing process. Even with the full percentage points of cuts from September through December,
Mega Millions winning numbers for Dec. 27 lottery drawing: Jackpot balloons to $1.22 billion
“We know that many people will likely receive tickets to Friday’s drawing as holiday gifts, and what a gift that would turn ...
Brazil consumer prices expected to have gained traction in Dec.: Reuters poll
Brazil consumer price rises are expected to have gained traction in December as energy and goods costs fell less than in the ...
$1.22 billion winner! Mega Millions numbers for Friday, Dec. 27, ahead of New Year’s Eve
Mega Millions is closing out 2024 with a billion-dollar lottery jackpot! It is the 12th time in US history that the grand prize reached $1 billion.
Homes at or under $1 million in Ocean County, Dec. 30 to Jan. 5
Prospective homebuyers considering the real estate market had a range of options in various neighborhoods throughout the ...
China's Dec exports likely gained momentum ahead of tariff uncertainty
China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ...
DEC: Weekslong drought watch lifted across N.Y.
New York state has lifted its statewide drought watch, ending what was nearly a monthslong period for some counties. Fifteen counties in and around New York City and the Hudson Valley were put under a ...
Manlius may possess mute swans for one more year, but can't let them reproduce, DEC says
"Transitioning possession to either trumpeter or tundra swans will enable continuation of the Village’s storied tradition of ...
China's consumer inflation slows in Dec
China's consumer inflation slowed in December, while producer price deflation persisted, as Beijing ramped up policy support ...