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The Federal Reserve’s decision to hold interest rates steady following the end of a two-day policy meeting on Wednesday ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to lower interest rates could risk unnecessary damage to the labor market.
Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
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 ...
President Trump said he's down to four potential replacements for Fed Chair Jay Powell, but he ruled out Treasury Secretary Scott Bessent as one of them in an interview on Tuesday.