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Fed's Bowman and Waller Explain Why They Voted for Rate Cuts
Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have grown more concerned about the labor market, and thought their colleagues were being too cautious about inflation.
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
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