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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.
The Federal Reserve left its policy rate in the 4.25%-4.50% range at its July 29-30 meeting to keep downward pressure on inflation, which remains above target. Vice Chair for Supervision Michelle ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The Fed's rate-setting committee is scheduled to meet later this week as Trump continues to push for looser monetary policy.
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
Trump argues that because the U.S. economy is doing well, rates should be lowered. But unlike a blue-chip company that ...
The Federal Reserve keeps short-term rates the same in July, holding rates as is for the fifth meeting in a row. What's next ...
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