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Federal Reserve governor Michelle Bowman supports a rate cut 'as soon' as July, highlighting the growing division within the central bank about whether to ease monetary policy in the near term.
Michelle Bowman backs a potential July rate cut as inflation remains muted, highlighting divisions within the Federal Reserve leadership.
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers ...
Observers believe any Fed chair would need to align with Trump’s desire for much lower short-term borrowing costs, although doing so could put the Fed's inflation fighting credibility at risk.
Fed minutes may reveal splits on rate cuts as Trump’s new tariffs fuel inflation risk. Traders brace for volatility in bond ...
It’s still too soon for the Federal Reserve to consider lowering interest rates, Chair Jerome Powell said Tuesday.
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