interest rates

Asian shares are mixed after Middle East tensions weigh on Wall St

TOKYO (AP) — Asian shares were mixed Friday after worsening tensions in the Middle East sent shares lower on Wall…

Week’s two key inflation reports to help decide size of Fed’s rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City.  Spencer Platt | Getty Images…

CPI inflation report August 2024:

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…

Former head of Dallas Fed Kaplan urges a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024.…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last…

Minneapolis Fed President Kashkari sees a slower pace of rate cuts ahead

Minneapolis Federal Reserve President Neel Kashkari said Monday that he expects policymakers to dial down the pace of interest rate…

Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp

Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week’s meeting because…

Biden claims he’s ‘never once spoken’ to Powell as president, but they met in Oval Office in 2022

President Joe Biden on Thursday said he had “never once spoken” to Federal Reserve Chair Jerome Powell while he was…