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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, Waller Explain Their Fed Dissents
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 Fed governors dissented against the Fed's majority decision in 32 years.
2don MSN
Two Federal Reserve officials who voted this week against holding a key interest rate in place explained their decisions ...
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 short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
The Federal Reserve kept its benchmark interest rate unchanged at its July meeting. In the statement, the FOMC says, ...
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
Michelle Bowman, a governor on the Federal Reserve Board, became the first Fed official since 2005 to vote against the central bank’s interest rate decision when she dissented Wednesday against ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
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