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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.
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
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 Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
Trump argues that because the U.S. economy is doing well, rates should be lowered. But unlike a blue-chip company that ...
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