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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 central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
16don MSN
Fed’s Waller says labor market is weaker than it looks, justifying interest-rate cut this month
Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central ...
Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and the ...
Christopher Waller, one of the Fed’s seven Washington-based officials and one of the 12 policymakers who get to vote at its meetings, said during a speech at the Brookings Institution on Tuesday ...
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
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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