A new reading on wholesale prices suggests inflation, as measured using the Federal Reserve’s preferred gauge, was considerably milder last month than indicated by the consumer-price index.
With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited ...
The most recent price indexes tracked by the Fed peg inflation at around 2.5%. But Bowman questioned the durability of recent trends. With global supply chains back to their pre-pandemic form ...
Since the Fed began tightening its monetary policy in March 2022, the FOMC has voted unanimously on every policy move and statement. Bowman has positioned herself as one of the more hawkish — or ...
Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.
Aug 20 (Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside ...
The Federal Open Market Committee has three scheduled meetings remaining in 2024 and markets expect interest rates to be cut ...
Fed Governor Bowman noted that despite recent progress on inflation, price growth levels still remain well-elevated compared to the central bank's target ranges, and that recent moves in the ...
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index ...
Fitch also gave some predictions on Asian central banks, such as the People's Bank of China and the Bank of Japan ...
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