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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.
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.
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 ...
America’s community banks are disappearing and forming more infrequently. These local lenders once dotted every city and ...
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.
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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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