Fed, Bowman and inflation
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest rates to tame inflation, said he supported a larger rate cut this week because he is now worried the pace of price increases is undershooting the Fed's target.
Inflation’s down and the European Central Bank has cut rates, again. Next up: The Fed
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers.
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
The Lone Dissenter Inside the Fed Who Voted Against Powell’s Rate Cut
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature declaration of victory.’
Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon
Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-percentage-point reduction instead,
Fed's Bowman voted against jumbo cut to avoid signaling victory on inflation
Fed Governor Michelle Bowman said Friday that she voted against the central bank's decision to begin the rate-cutting cycle with jumbo cut to avoid stoking expectations that the Fed has won its battle against inflation.
Big Fed rate cut risks prematurely declaring victory over inflation, Bowman warns
Federal Reserve Governor Michelle Bowman warns against premature victory over inflation following a 50-basis-point rate cut, emphasizing a gradual approach.
Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she wanted a smaller first move because inflation is not yet vanquished.
Central banks may face volatile inflation for years to come, ECB's Lagarde says
Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, ...
AI Threatens to Complicate Inflation-Taming Tasks, Bank of Canada Gov. Macklem Says
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
Interest Rates Fall, but Central Banks Are No Longer in Lock Step
Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...
Turkey Seen Likely to Start Discussing Rate Cuts in November
Turkey’s central bank will probably discuss interest-rate cuts at its November meeting, but there is no pre-determined path ...
Canada Inflation Eases Back to Central Bank Target in August
Canadian inflation matched the central bank’s target last month for the first time in more than three years, smoothing the ...
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Brazil’s Central Bank Resumes Hiking as Inflation Remains High
Brazil’s central bank raised interest rates for the first time in two years, just hours after the U.S. Federal Reserve ...
Bank of England Holds Rates Steady but Signals Gradual Easing
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
Russian central bank hikes rates to fight inflation fuelled by military spending
Russia’s central bank has raised its key interest rate by a full percentage point to 19% to combat high inflation as ...
European Central Bank to cut interest rates again as inflation and economy cools
The ECB is expected to trim borrowing costs as its focus shifts from damping inflation to supporting the bloc’s faltering ...
Canada's inflation reaches central bank's 2% target in August
Canada's annual inflation rate reached the central bank's 2% target in August, its lowest level since February 2021, data ...
Bank of France Predicts Inflation Will Slow to 1.5% Next Year
The Bank of France cut its forecast for French inflation next year to well below the European Central Bank’s 2% target, ...