The advanced US November Michigan Consumer Sentiment data and Fed Bowman’s speech will be the highlights on Friday.

Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...

Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Q3 2024 Earnings Call Transcript November 8, 2024 Operator: Good morning. My name is Tia and I will be your conference ...

However, the decision to reduce the target range for the Fed funds rate by 25 basis points to 4.5-4.75% was unanimous, unlike ...

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before ...

Bitcoin (BTC), the leading cryptocurrency by market capitalization, surged to a new all-time high of $76,800 buoyed by the recent US presidential election which saw Donald Trump secure another term ...

Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...

During the previous policy meeting in September, Governor Michelle Bowman dissented from the majority’s decision to cut rates by an aggressive half percentage point. Bowman contended that she ...

That marked the first time in over two years a Fed official dissented from the majority decision. Bowman later explained she favored the smaller cut at September’s meeting because she was ...

In this historic week — and it has been historic — we finally have a little respite, and time to reflect. Lots of companies ...