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Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.
Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...
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 is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
It’s possible that the disappointing numbers are growing pains, or they may be a preview of more disruption to come.
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...