Chicago Fed President Austan Goolsbee voted against the December rate cut, joining Kansas City Fed President Jeff Schmid. In ...
There were three dissenting votes at the December FOMC meeting, marking the first time since 2019 that three committee ...
After the Federal Reserve cut interest rates for the third time this year, Scott Colbert, the Chief Economist at Commerce ...
The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials ...
National Economic Council Director Kevin Hassett on Wednesday said the Federal Reserve has “been way behind” on cutting ...
Federal Reserve officials delivered a third consecutive interest-rate reduction and maintained their outlook for just one cut ...
The last time there were three dissenters was on September 18, 2019, when the Fed also cut its key rate by 25 basis points.
FOX Business host Larry Kudlow unpacks the Federal Reserve's moves and the wider state of the economy on 'Kudlow.' Over the ...
The U.S. dollar extended losses against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the ...
The cut of a quarter-point will likely make it cheaper for average Americans to secure mortgages, pay credit card debt or ...
EUR/NZD edged lower on Wednesday after the Federal Reserve lowered interest rates in a widely expected move.. The Feds ...
In his remarks following the decision, Fed chair Jerome Powell said inflation risks were tilted to the upside and for the labour market to the downside.