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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 kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
Fed Chair Jerome Powell is set to speak with reporters after the Federal Reserve's decision to hold rates steady despite ...
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