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Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
Federal Reserve Officials at December Meeting Expected Slower Pace of Rate Cuts Ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs
Rate-Cut Decision Was Narrow, Fed Minutes Show
But minutes from their December meeting suggest that the decision was a close call — and that there is no guarantee policymakers will lower rates again anytime soon. The minutes of the central bank’s Dec.
Fed's Christopher Waller Supports Rate Cuts Despite Trump Tariff Concerns
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns.
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the "final step" in the easing process. Even with the full percentage points of cuts from September through December,
12d
on MSN
Mega Millions winning numbers for Dec. 27 lottery drawing: Jackpot balloons to $1.22 billion
“We know that many people will likely receive tickets to Friday’s drawing as holiday gifts, and what a gift that would turn ...
4d
DEC lifts drought warning across New York
The state Department of Environmental Conservation on Friday updated drought conditions across the state, returning all 62 New York counties to “normal” status. In cooperation with the state’s Drought ...
CNET on MSN
11d
Today's Wordle Hints, Answer and Help for Dec. 30, #1290
Here's today's Wordle answer, plus a look at spoiler-free hints and past solutions. These clues will help you solve The New ...
13d
$1.22 billion winner! Mega Millions numbers for Friday, Dec. 27, ahead of New Year’s Eve
Mega Millions is closing out 2024 with a billion-dollar lottery jackpot! It is the 12th time in US history that the grand prize reached $1 billion.
10d
Target hours New Year's Eve 2024: Here's when stores open and close on Dec. 31
Most grocery store and retail chains will be open on New Year's Eve. Here's what to know about Target and its store hours.
CNET on MSN
11d
Today's NYT Connections Hints, Answers and Help for Dec. 30, #568
Here's today's Connections answer and hints for groups. These clues will help you solve New York Times' popular puzzle game, ...
12d
Rams vs. Cardinals 2024 Prediction, Odds, Picks - Dec 28
Preview the Week 17 matchup between the Los Angeles Rams and Arizona Cardinals with predictions, odds, over/under, spread, ...
6h
China's Dec exports likely gained momentum ahead of tariff uncertainty
China's exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ...
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