In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s pick as vice chair for supervision, calling for more “discipline” with ...
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.
Hill, who is a leading candidate to head the agency on a full-time basis and will take over as its acting chief following the ...
Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 ...
Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, dollar, and Treasury yields.
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one ...
Equities fell again in Asia on Friday as traders prepared for the release of US jobs data that could play a key role in the ...
South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.
Fed governor Michelle Bowman said she supported a December rate cut cut as the 'last step' in the central bank's 'policy recalibration' phase, becoming the latest Fed official to urge caution about ...