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Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...
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Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...
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 kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Federal Open Market Committee votes to hold rates at 4.25-4.5 per cent at its July meeting on Wednesday Two members dissented against the decision, Michelle Bowman and Christopher Waller. Both voted ...
WASHINGTON (AP) — The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing ...
Fed Gov. Chris Waller has argued for months that tariffs would not raise inflation much, giving the central bank room to cut U.S. interest rates. He acted on his belief by dissenting in Wednesday’s ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
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