Bowman is the second central banker in recent days to suggest tariffs are likely to have a temporary and muted impact on ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...

Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...

Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...

In their latest quarterly economic projections, released June 18, eight of the 19 FOMC officials said they expect two rate ...

The Fed has insisted all year that it’s not time to cut interest rates yet on account of tariff uncertainty. However, as ...

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

A second Federal Reserve official has indicated that the central bank should begin cutting rates as soon as next month — the ...

Federal Reserve Chairman Jerome Powell told US lawmakers he is in no hurry to cut interest rates — just hours after President ...

Bostic's single anticipated cut this year is less than the two quarter-point cuts at the median of projections issued last ...

Fed Chair Jerome Powell signals patience on interest rate cuts, resisting pressure from President Trump and others to lower rates ahead of July’s meeting.

Powell says Fed rate cut is on hold even as Trump demands cuts. The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate ...