Fed 50-Basis-Point Rate Cut Could be Seen
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this week said she thought it would send the wrong message to markets that inflation was dead.
Powell speaks on Federal Reserve decision to cut interest rates
After the Federal Reserve announced a 0.5% interest rate cut, Fed Chair Jerome Powell stated that the economy is strong and has made significant progress over the past two years. He noted that the labor market has cooled from its previously overheated state,
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
A top Federal Reserve official warned Friday that the central bank risks prematurely declaring victory over inflation with its vote for a jumbo interest rate cut. Fed Governor Michelle Bowman was the sole dissented voice on the Federal Open Market Committee in its 11-1 decision to slash rate by 50 basis points instead of a quarter-point cut on Wednesday.
Fed 50-Basis-Point Rate Cut Could be Seen as 'Premature' Victory Over Inflation, Governor Bowman Says
The Federal Reserve's recent decision to lower its benchmark lending rate by 50 basis points could be interpreted as "a premature declaration of victory" against inflation, Governor Michelle Bowman said Friday.
Big Fed rate cut risks prematurely declaring victory over inflation, Bowman warns
Federal Reserve Governor Michelle Bowman warns against premature victory over inflation following a 50-basis-point rate cut, emphasizing a gradual approach.
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Winners And Losers From The Fed’s Interest Rate Decision
The Federal Reserve just cut interest rates by 50 basis points, citing cooling inflation and signs of economic slowdown. This ...
Fed rate decision will be big economic news this week. How much traders bet they'll cut
The Fed will announce its interest rate decision on Wednesday. Nearly all expect them to cut rates because of weakening signs ...
Fed Meeting: Interest-Rate Decision, Economic Projections, Powell's Speech, and What Else to Expect
Investors and economists will find out on Wednesday whether the Federal Reserve sees the greater risk to the employment or ...
Stock market today: Indexes edge up ahead of major Fed interest rate decision
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.
How the Fed’s rate decision could unravel a big bond-market recession bet
The stakes for investors are running high ahead of a historic rate cut expected from the Federal Reserve on Wednesday.
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