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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.
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.
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
Two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said on ...
Will the central bank be ready to resume its rate cuts in September as futures markets and many economists have expected? “We have made no decision about September,” Powell told reporters. He said the ...
President Donald Trump called on the Federal Reserve board to “assume control” if Chair Jerome Powell does not lower interest ...
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