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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.
Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...
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 ...
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.
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
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