News

The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Under a proposal put up for comment Thursday, the Fed would allow banks with one “deficient” rating to still be considered ...
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
The Federal Reserve's next policy meeting in July may produce two dissents, from board members Christopher Waller and Michelle Bowman, which could signal a more fractured group of policy makers in the ...
Fed Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman, both appointed by President Donald Trump ...
In Asia, a busy week of central bank decisions and key inflation data lies ahead. Monetary policy decisions will be in focus in Australia, New Zealand, South Korea, Malaysia and Thailand, while fresh ...
Federal Reserve governor Michelle Bowman said she could support a July rate cut if inflation stays in check. (Graeme Sloan/Bloomberg News) A top Federal Reserve official who resisted an aggressive ...
The Fed hasn’t lowered interest rates at all this year: Central bankers broadly expect Trump’s tariffs to have some effect on ...
President Donald Trump could nominate Jerome Powell’s successor as soon as this fall, as the incumbent Fed chairman is set to exit the position next May.
The Fed's 2025 stress test showed all 22 major U.S. banks could endure a global recession, though the test was less severe ...
Michelle Bowman’s remarks offer a clear vision for a more focused, flexible, and transparent regulatory regime. It's a welcome recalibration.
The stress tests were born out of the 2008 financial crisis—a modest little meltdown you might recall as the one that took ...