News with the tag "federal reserve governor"

Federal Reserve Governor Christopher Waller has stirred market optimism with his recent remarks about potential rate cuts by the central bank. Notably, his comments have increased bets on a possible rate cut by the Fed in September. Meanwhile, this development comes as Bitcoin enthusiasts eye an all...

Federal Reserve Governor Michelle Bowman has expressed her stance on interest rates, indicating that she does not foresee any cuts in 2024.

Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the Fed governor added...