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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.
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 ...
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
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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Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve is widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
The Federal Reserve has kicked off the process for putting together a new risk-based capital rule that would be less ...
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