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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 central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
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 ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Federal Reserve Governor Michelle Bowman said she still sees upside risks for inflation and continued strength in the labor market, signaling she may not be ready to support an interest-rate ...
Fed Governor Michelle Bowman was the sole dissented voice on the Federal Open Market Committee in its 11-1 decision to slash rate by 50 basis points instead of a quarter-point cut on Wednesday.
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Federal Reserve Governor Michelle Bowman said she expects inflation to fall further with interest rates held at their current level, but said it’s too soon for Fed officials to consider cutting ...
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
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