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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.
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 ...
Bank capital rules are incredibly complex and costly. They will never guarantee financial stability. A radical simplification ...
U.S. Federal Reserve Governor Michelle Bowman gives her first public remarks as a Fed policymaker at an American Bankers Association conference in San Diego, California, U.S., February 11 2019.
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