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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.
The Federal Reserve’s decision to hold interest rates steady following the end of a two-day policy meeting on Wednesday ...
13hon MSN
Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis points to 4.00%-4.25%, Federal Reserve Governors Christopher Waller and Michelle ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but ...
Federal Reserve governor Christopher Waller, a Trump appointee from the president’s first term and a contender to succeed ...
Two of the Fed’s board members, Christopher Waller and Michelle Bowman, dissented from the Fed’s decision — a rare event. They argued that the rate-setting committee should have cut instead, feeding ...
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