The Fed Is Back in Wait-and-See Mode With Rate Cuts
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the "final step" in the easing process. Even with the full percentage points of cuts from September through December,
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s September decision to lower the federal-funds rate by half a percentage point,
Fed's Bowman Prefers Cautious, Gradual Approach to Rates
Federal Reserve Governor Michelle Bowman says she is concerned that the current stance of monetary policy "may not be as restrictive as others may see it." She speaks at a California Bankers Association event.
West Virginia has the highest percentage of move-ins in the US, study shows
A recent survey puts West Virginia at the top of the rankings when it comes to inbound migration between states.
Rhode Island has second highest percentage of chronic homelessness in country
According to the report, Rhode Island also had the second-highest percentage of people experiencing chronic patterns of ...
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Analysis finds Port St. Lucie area had highest percentage of new apartment units in U.S.
The Port St. Lucie area's average rent as of January is $1,792 monthly, according to Apartments.com. This is 15% higher than ...
Ohio State looking for 3-point consistency as percentages drop and tougher schedule looms
Once a top-five team nationally in 3-point shooting percentage, Ohio State has cooled off from deep in the last month. How ...
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House Bill 1, which would lower individual income tax by half a percentage point, moves forward
The bill’s sponsor, Representative Jason Petrie, said the proposed adjustment - a reduction from 4% to 3.5% starting in 2026 ...
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“No percentage of containment”: LA County Fire Chief gives updates on “growing” Palisades and Eaton fires in California.
The Palisades Fire is located in both L.A. City and L.A. County. We are in unified command with the City of Los Angeles Fire ...