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Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...
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.
The Federal Reserve kept its benchmark interest rate unchanged at its July meeting. In the statement, the FOMC says, ...
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
Based on their public comments in the past two months, it’s possible that governors Christopher Waller and Michelle Bowman ...
A recent WSJ report suggests that the Trump-appointed Fed governors may vote in favor of an immediate interest rate cut.
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.
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