Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have ...

Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...

Michelle Bowman, the Fed’s Vice Chair of Supervision, has argued for three interest rate cuts in 2025, citing signs of a ...

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 ...

Treasury Secretary Scott Bessent will personally interview the leading candidates to take over as chair of the Federal Reserve when the job becomes available ...

Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...

WASHINGTON (AP) — The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.