They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest ...

On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...

After the Fed’s pivotal interest rate cut this week, policymakers face the question of how much further to reduce borrowing ...

US stocks finished mixed Friday, with the Dow closing at a fresh record as Fed officials spoke out about their recent vote to cut interest rates by half a percentage-point.

Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 ...

Driven by the Federal Reserve’s 0.5% interest rate cut, two of the three major indices set new record highs this week.

JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...

The sole holdout in the US Federal Reserve's 11-to-1 vote cementing a larger interest rate cut said Friday that the move "could be interpreted as a premature declaration of victory." ...

Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.

U.S. markets closed nearly unchanged on Friday after a rally driven by a Federal Reserve interest-rate cut. Major indexes saw ...

U.S. stocks closed nearly unchanged on Friday following a strong rally, driven by the Federal Reserve's interest-rate cut.

Fed Governor Michelle Bowman said Friday that she voted against the central bank's decision to begin the rate-cutting cycle ...