News list for " Wednesday on"

Fed Governor Bowman expressed unease on Wednesday about cutting interest rates while inflation remains above the 2 percent target, adding more color to her call for further cautious rate cuts. "We're readjusting policy, but we're not on our inflation target yet, and that worries me," she said. Bowman said progress toward the Fed's 2 percent goal looks to have stalled as inflation remains high...

2024-11-20 20:05:01