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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.
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
The central bank is expected to keep its target rate at a range of 4.25% to 4.5%, but traders want to see whether any Fed ...
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.
Federal Reserve Gov. Michelle Bowman has emerged as the leading voice of skepticism on the central bank's current regulatory agenda. It has been a busy year for Michelle Bowman, the Federal ...
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
Trump argues that because the U.S. economy is doing well, rates should be lowered. But unlike a blue-chip company that ...
Sweeping changes are coming to the world’s most powerful central bank, President Donald Trump and his top advisers have said ...
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