After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...
The Fed made an unexpected half-point rate cut, its first since 2020, as it aims to balance robust employment with its ...
Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, ...
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature ...
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
Forbes’ expert contributors help explain what the Fed’s move means for investors, businesses, job seekers, home buyers and ...
Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling ...
That’s precisely why the Fed is poised to cut interest rates in September for the first time since 2020. In addition to stabilizing prices, the Fed is also tasked by Congress to strive for ...
Although rates stopped climbing and have been holding steady, speculation has grown that a rate cut may be in the works. Many expected it to happen at the last FOMC meeting at the end of July.
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
Financial institutions and analysts are confident that interest rates will be cut by at least 25 basis points in September.
The Fed announced the first interest rate cut since the onset of the Covid-19 pandemic in 2020. And it was a big one. Here's what it means for you.