federal Reserve
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Business
Dow hits all-time high as Wall Street cheers cooling inflation
The Dow jumped more than 400 points Friday to an all-time high after a benign inflation report cleared the way…
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Business
Fed’s Michelle Bowman warns rate cuts declaring victory too soon
A top Federal Reserve official warned Friday that the central bank risks prematurely declaring victory over inflation with its vote…
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Business
Michelle Bowman votes against Fed half-point rate cut — first dissent since 2005
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the…
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Business
When will Americans feel relief from the Fed’s interest rate cuts?
The Federal Reserve’s jumbo interest rate cut Wednesday should lower the rates for home mortgages, auto loans and credit cards…
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Business
Fed might have cut rates at July meeting: Fed Chair Powell
The central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it…
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Business
Fed chair Jerome Powell blames influx of illegal migrants for rising unemployment rate
Federal Reserve Chairman Jerome Powell blamed the migrant crisis for the nation’s growing unemployment after cutting the benchmark interest rate…
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Business
Dow leaps to all-time high after Fed slashes rates by half-point
Wall Street’s main indexes jumped in volatile trading on Wednesday after the Federal Reserve’s highly anticipated half-point rate cut first interest rate cut in more than…
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Business
Dow nears record as hopes for bigger Fed rate cut revived
Wall Street’s main indexes rose on Friday as investors reevaluated the possibility of a bigger interest rate cut by the…
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Business
Investor hopes high for bigger interest rate cut, sending Dow near all-time high
Hopes for a big rate cut from the Federal Reserve next week got suddenly revived, sending the Dow near an…
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Business
Dow tumbles over 300 points after weak jobs report spooks investors
Wall Street’s main indexes fell on Friday after a crucial jobs report did little to clear the uncertainty around the…
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