Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...

Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.

The win of Arcadia Park in last Saturday's Belmont Classic brought to a close the Australian black-type season for 2024/25. By my count there were 638 group and listed races last season (not including ...

Fed Gov. Chris Waller has argued for months that tariffs would not raise inflation much, giving the central bank room to cut U.S. interest rates. He acted on his belief by dissenting in Wednesday’s ...

Wall Street gave back many of the gains from recent weeks, as equities tumbled on news of a new tariff scheme, an awful employment report, and Trump firing one of his agency heads.

Trainer Chris Waller had jockey Tommy Berry to thank after his well-bred mare Cigar Flick scored her first victory in more ...

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.