In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s ...

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.

Federal Reserve governor Michelle Bowman said Thursday that she could have backed a pause in interest rates last month but supported a cut as the "last step" in the central bank's "policy ...

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.

Just before Joe Biden leaves the White House and Donald Trump returns, two prominent Republican members of the Federal ...

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.

South Korea experienced presidential impeachments and a tragic plane crash. But the Kospi index is now higher than it was a ...

United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...

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 ...

The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market.

Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...