Fed Leaves Interest Rates Unchanged
The Fed Held Rates Steady, Hitting Pause After a Series of Cuts
The Federal Reserve left interest rates unchanged on Wednesday, as the central bank turned cautious on further cuts amid a sturdy economy and uncertainty about inflation. The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down.
What helps Bowman's chances, according to analysts, is that there currently is no empty seat on the Fed's board of governors for Trump to fill with an outsider. Barr said he will remain as a Fed ...
Now that the Fed has cut rates by a full percentage point since last September, the level of those rates is closer to Bowman's estimate of neutral — a reference to the level that is intended to ...
In a speech on Thursday, Fed Gov. Michelle Bowman said she was "optimistic" that the change in administration will open the door for a more collaborative dynamic between banks and the agencies ...
Federal Reserve governor Michelle Bowman has spent the past four years as a reliable Republican opponent to tougher banking rules sought by officials appointed by President Joe Biden. Now she’s ...
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