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US Federal Reserve Governor Michelle Bowman has called for three interest-rate cuts this year, signalling growing concern inside the central bank over weakening job growth and softening demand.
A recent US employment report confirmed "signs of fragility" in the labor market, a senior central bank official said ...
Australians’ disposable income has finally recovered to where it was before the pandemic and is poised to be buoyed by an ...
The current path of sticky inflation in the US eerily mirrors that of the 1970s, when the Fed committed a historic policy ...
The Federal Reserve has not approved an interest rate cut since before the Nov. 5 election, but one of its governors said she ...
President Donald Trump ’s tariffs on goods from over 60 countries and the European Union took effect early Thursday as the Trump administration defied warnings about the detrimental impact his trade ...
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The ...
A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job ...
Bowman said in prepared remarks she supports multiple interest-rate cuts and that her view had been reinforced by recent weak ...
The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her ...
Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer.
President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next ...
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