ECONOMY & MARKETS

Fed's Bowman Keeping Open Mind On Size Of Rate Rise At March Meeting

U.S. Federal Reserve Governor Michelle Bowman poses at a conference on monetary policy at The Hoover Institution in Palo Alto, California, U.S., May 3, 2019.   REUTES/Ann Saphir
Federal Reserve Governor Michelle Bowman said on Monday that she is keeping her options open on the required size of an initial interest rate rise at the central bank's next meeting in March, a stance that indicates some divisions among policymakers on how aggressively to begin its tightening cycle.
U.S. Federal Reserve Governor Michelle Bowman poses at a conference on monetary policy at The Hoover Institution in Palo Alto, California, U.S., May 3, 2019.   REUTES/Ann Saphir

Fed's Bowman Keeping Open Mind On Possible Half Percentage Point Rate Hike In March

Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point interest rate rise at the central bank's next meeting in March is needed, a stance that underscores divisions among policymakers on how aggressively to begin its tightening cycle.
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An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017.

Oil Jumps On Fresh Warnings Over Ukraine-Russia Conflict

Oil prices gained more than $1 in early trade on Monday on rising jitters over potential conflict between Russia and Ukraine, with the United States and European Union making clear Russia would face sanctions if it invaded its neighbour.

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