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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.
Cryptopolitan on MSN2h
Trump named Warsh, Hassett, Waller, and Bowman as his four top picks for Fed chairTrump has trimmed down his shortlist for the next Federal Reserve chair to four names, all loyalists: Kevin Warsh, Kevin Hassett, Christopher Waller, and Michelle Bowman. Speaking on CNBC’s Squawk Box ...
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...
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.
Michelle Bowman, current Federal Reserve governor, is expected to become the central bank's top financial regulator, replacing Michael Barr, who resigned last month.
Michelle Bowman, current Federal Reserve governor, is expected to become the central bank's top financial regulator, replacing Michael Barr, who resigned last month.
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The Federal Reserve has begun developing a new risk-based capital rule aimed at easing the burden on the largest U.S. banks ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
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