News

In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Did the Fed just royally screw up?
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed holds rates steady but sees first double dissent in three decades
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 ...
Fed Dissenters Defend Call for July Rate Cut as Trump Intensifies Attacks
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
Fed holds rates steady, 2 governors wanted a cut
The Federal Reserve kept its benchmark interest rate unchanged at its July meeting. In the statement, the FOMC says, ...
Powell downplays Fed board dissents: ‘Quite a good meeting’
Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...
The Fed Splits Into Three Camps on Interest Rates. These Are the Dividing Lines.
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...