Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
Fed governor Michelle Bowman issued a statement Friday explaining her dissent in this week's jumbo rate cut, saying she ...
Oakmark Commentary: The Fed Kicks Off an Easing Cycle
As for the 50-bps cut? Well, it seems like the Fed wanted to match market expectations. Was it absolutely necessary? Maybe ...
AFP on MSN12m
US Fed dissenter calls for 'measured' pace of rate cuts
The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move ...
The Fed Rate Cut, Mortgage, Auto And Credit Card Rates: What To Expect
The Fed cut its short term interest rate by 0.50%. How will this affect mortgage rates, auto loans, and credit cards? Does ...
The Columbian1h
Stock market today: Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority ...
Dow Turns Higher After Dovish Comments From Fed's Waller
The Dow rallied back in the wake of dovish comments from Federal Reserve Gov. Christopher Waller. The Dow was up 20 points, or nearly 0.1%. If the Dow manages ...
lascrucesbulletin1hOpinion
Fed rate cut brings relief to Las Cruces Homebuyers
I'm waiting for rates to come down.”  The highly anticipated rate cut from the Federal Reserve is finally here. At their Sept ...
The Big Fed Rate Cut Ended a Streak of Unanimous Policy Decisions
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature ...
'Powell delivered the stock market to the Promised Land.' Why the S&P 500 could soar past 6,000 by year-end.
At his presser on Wednesday, Powell delivered the stock market to the Promised Land, where "strength in the labor market can be maintained in a context of moderate growth and inflation moving ...
Fed's Waller backed a half-point cut, citing faster-than-expected inflation slide - report
Federal Reserve Governor Christopher Waller backs a 50-basis-point interest-rate cut due to declining inflation, with ...
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
The Federal Reserve is cutting its interest rate. Here’s what that means for you
A cut to the Fed's benchmark rate has consequences for debt, savings, auto loans, mortgages and other forms of borrowing by ...