Most Fed News Today

Says recent data showing signs of persistent inflation don’t materially change the overall picture

Federal Reserve Governor Michelle Bowman on Friday said she expects U.S. inflation to decline further, but flagged worries about upward price pressure from rising wages and warned against cutting...

"My baseline outlook is that inflation will decline further with the policy rate held at the current level," Bowman said in remarks prepared for delivery to a banking conference in Maui, Hawaii, noting that recent declines in inflation have been "encouraging." If inflation continues to decline sustainably toward the Fed's 2% goal, she said, "it will eventually become appropriate to gradually lower our policy rate to prevent monetary policy from becoming overly rest...

Most Fed watching these days seemingly surrounds the neverending and unknowable—future monetary moves. But there is another area we took note of last…

Interest rate markets tried to build on last week’s ‘U-turn’ after the accelerated decline in yields triggered by the December Fed policy announcement. Corporates and sovereigns are eager to use lower funding costs to frontload at least part of their 2024 financing needs, with new bond issuance taking a solid start.

Don’t like #Bidenomics much? Hate those interest rates we’re all crawling along under? WANNA MAKE A CHANGE? Well, hold up, George – no need to be hasty, now. Brother Jerome just migh...

* Most Fed officials see lower interest rates next year * US dollar hits four-month lows, benchmark 10-year yield lowest since late-July ...

Inflation cooled to a 3% annual rate in October, as measured by the gauge favored by the Federal Reserve, declining 0.4 percentage points from the previous reading.

Most Fed officials backed an increase in interest rates last month but some saw rising risks that they might raise rates too high, underscoring growing…

Headline inflation has slowed, but deeper long-term inflation persists.