Fed officials mull raising rates to curb growing inflation riskFederal Reserve officials signalled potential rate hikes if Middle East tensions drive a prolonged energy shock and keep inflation elevated...
29 May, 2026, 11.21 PM IST
Fed's Bowman says extended energy shock could drive shift in policy outlookShe said she was "optimistic" that once the war is over, supply disruptions will end and there will be a "temporary" impact on inflation an...
29 May, 2026, 07.51 PM IST
US Fed board names Powell temporary chief pending Warsh swearing-inJerome Powell has been named temporary chair of the US Federal Reserve pending the swearing-in of successor Kevin Warsh. This move follows ...
16 May, 2026, 06.35 AM IST
US stocks: Fed officials say Iran war obscuring economic, monetary policy outlookTwo Federal Reserve officials said on Friday the Iran war and its impact on energy markets were clouding the outlook for the economy and mo...
20 Mar, 2026, 08.31 PM IST
Fed's Bowman still supports rate cuts despite backing pause at recent meetingUS Federal Reserve's Michelle Bowman still favors interest rate cuts, but voted to hold steady for more data. She anticipates three quarter...
01 Feb, 2026, 08.42 AM IST
Michelle Bowman flags job market fragility, signals readiness for further rate cutsFed Vice Chair for Supervision Michelle Bowman said the central bank should stay open to future rate cuts if labour market conditions weake...
19 Jan, 2026, 09.56 AM IST
Trump says new Fed chair decision might be made by year-endPresident Trump indicated a decision on the next Federal Reserve chair could be made by year-end. Treasury Secretary Scott Bessent stated a...
28 Oct, 2025, 01.13 AM IST
Trump will finally have his way as Fed official hints July could bring long-awaited rate cutA top Federal Reserve official indicated a possible interest rate cut in July. This comes after months of pressure from US President Donald...
25 Jun, 2025, 03.12 AM IST
Trump to nominate Michelle Bowman for Fed's top bank cop, White House official saysUS President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision, replacing Michael Barr...
12 Mar, 2025, 10.27 PM IST
Could the lone Fed dissenter be in line for a powerful role if Trump wins?Michelle Bowman, a Fed governor appointed by Trump, is gaining attention as a strong conservative voice within the Federal Reserve. Her rec...
16 Oct, 2024, 10.31 AM IST
Fed's Bowman signals caution on rate cuts"The progress in lowering inflation during May and June is a welcome development, but inflation is still uncomfortably above the committee'...
12 Aug, 2024, 06.33 AM IST
US inflation still 'uncomfortably' high: Fed officialUS inflation remains "uncomfortably" above the Federal Reserve's target despite the progress it has made in recent months, a senior bank of...
10 Aug, 2024, 10.34 PM IST
Federal Reserve's Bowman says inflation to remain elevated for 'some time'Bowman, the first Fed official to speak since Chair Jerome Powell's remarks Wednesday, said recent inflation data suggest the low readings ...
04 May, 2024, 09.37 AM IST
Fed's Bowman says she still expects another interest rate hikeEarlier this month, the Fed kept its benchmark overnight lending rate unchanged in the 5.25%-5.50% range for the second consecutive policy ...
28 Nov, 2023, 09.51 PM IST
It will likely be appropriate to raise rates again: Fed's Bowman"I expect it will likely be appropriate for the (Fed) to raise rates further and hold them at a restrictive level for some time to return i...
07 Oct, 2023, 10.36 PM IST
Fed's Bowman says more rate increases neededFederal Reserve Governor Michelle Bowman has suggested that "additional policy rate increases" will be needed to bring down the high level ...
22 Jun, 2023, 11.36 PM IST
Fed's Bowman wants 75 bps hike in July, 'at least' 50s after that"Depending on how the economy evolves, further increases in the target range for the federal funds rate may be needed after that."Bowman's ...
23 Jun, 2022, 09.13 PM IST