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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 central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...
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The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
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