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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.
Fed's Waller, Bowman Cite Labor Concerns for Dissents
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor market could come from policymakers' hesitance to lower interest rates. Both Waller and Bowman dissented against the Fed's decision this week to hold its benchmark interest rate steady for a fifth consecutive time.
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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 ...
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 central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Bank capital rules are incredibly complex and costly. They will never guarantee financial stability. A radical simplification ...
The Federal Reserve's decision to maintain current interest rates drew unprecedented dissent, marking the first time in over ...
Federal Reserve Governor Michelle Bowman on Tuesday repeated her view that the U.S. central bank will likely need to raise short-term interest rates again, though for now she is content to assess ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
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