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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 ...
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Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell's comments after the ...
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
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Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump on Friday called for the Federal Reserve's board of governors to usurp the power of Fed Chair Jerome ...
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