News

Dissenting Fed Vice Chair Urges Rate Cuts As Jobs Data Weakens, Inflation Nears Target — Still Sees 'Three Cuts' In 2025
Federal Reserve Vice Chair for Supervision Michelle Bowman, who dissented at last month’s Federal Open Market Committee (FOMC ...
Fed official says last week's jobs revisions could signal an economic turning point
Federal Reserve Governor Lisa Cook said the significant downward revisions to the monthly jobs numbers could point to an ...
State not yet feeling projected effects of federal cuts, lawmakers told
State officials will get an updated look at Maryland's revenue picture in a month, but Maryland's Senate president expressed ...
Fed's Musalem: There are risks now to both the inflation and jobs goals
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems ...
Fed’s Musalem Says Officials Missing More on Inflation Than Jobs
Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last week’s decision by policymakers to leave ...
Smart Cities Dive13h
After federal job cuts, initiative aims to redirect talent to local government roles
Kansas City, Missouri, is the first city to pilot a Spotlight Cities program that matches laid-off federal workers with local ...
Fed's Cook says tepid July jobs data merits concern
Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” in the ...
Fed's Daly: Fed will likely need to lower rates in coming months as job market has slowed
San Francisco Federal Reserve president Mary Daly said Wednesday that the Federal Reserve will likely need to lower rates in ...