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4 days ago · The combination of significant ongoing progress in reducing inflation and a cooling in the labor market means that the time has come to begin easing monetary policy, and I strongly supported the decision last week by the Federal Open Market Committee (FOMC) to cut the federal ... (full story) Added at 4:01pm.
3 days ago · About 4% of U.S. counties are banking "deserts" with no bank branches, and about 40% of people in those areas have no or restricted internet access, Federal Reserve Governor Adriana D. Kugler...
4 days ago · Inflation based on personal consumption expenditures (PCE) has come down from a peak of 7.1 percent on a year-on-year basis to 2.5 percent in July. Core PCE inflation, which excludes energy and food prices and tends to be less volatile, has come down from a peak of 5.6 percent to now 2.6 percent.
4 days ago · The combination of significant ongoing progress in reducing inflation and a cooling in the labor market means that the time has come to begin easing monetary policy, and I strongly supported the decision last week by the Federal Open Market Committee (FOMC) to cut the federal funds rate by 50 basis points.
4 days ago · Fed governor Adriana Kugler said Wednesday that she "strongly" supported the decision to cut interest rates by 50 basis points and that she will support additional rate cuts if progress on ...
4 days ago · (Bloomberg) -- Federal Reserve Governor Adriana Kugler said she “strongly supported” the central bank’s decision to lower borrowing costs by a half point last week, adding it will be appropriate...
4 days ago · WASHINGTON (Reuters) - Federal Reserve Governor Adriana Kugler said on Wednesday that she "strongly supported" the U.S. central bank's decision to cut interest rates by half a percentage point...
