Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”
Category: Interest Rates
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Meet Michelle Bowman, the Fed Official Cited by JD Vance
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.
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The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say
The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.
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Inflation Expected to Cool in September C.P.I. Report
The Consumer Price Index has been gradually easing, a trend that is expected to persist in September data.
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Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
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A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
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Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.
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The Job Market Is Chugging, Completing a Solid Economic Picture
After months of wobbling, a fresh jobs report showed that hiring and wage growth is strong, aligning with other robust economic data.
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Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
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Eurozone Inflation Slows to 1.8%, Bolstering Bets on Faster Rate Cuts
Investors now expect the European Central Bank to lower interest rates at its next meeting in October.
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Fed Chair Powell Underscores That More Rate Cuts Are Coming
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”