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Fed's Waller, Bowman Cite Labor Concerns for Dissents
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor market could come from policymakers' hesitance to lower interest rates. Both Waller and Bowman dissented against the Fed's decision this week to hold its benchmark interest rate steady for a fifth consecutive time.
1don MSN
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...
America’s community banks are disappearing and forming more infrequently. These local lenders once dotted every city and ...
Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy ...
Fed Governor Michelle Bowman was the sole dissented voice on the Federal Open Market Committee in its 11-1 decision to slash rate by 50 basis points instead of a quarter-point cut on Wednesday.
Federal Reserve Governor Michelle Bowman said she expects inflation to fall further with interest rates held at their current level, but said it’s too soon for Fed officials to consider cutting ...
Federal Reserve Governor Michelle Bowman on Tuesday repeated her view that the U.S. central bank will likely need to raise short-term interest rates again, though for now she is content to assess ...
Home Economy & Politics Federal Reserve The Fed The Fed Fed’s Bowman says more interest-rate hikes will likely be needed By Mike Murphy Follow Published: Aug. 6, 2023, 6:59 p.m. ET ...
Federal Reserve Governor Michelle Bowman said she’s sticking with her call that interest rates will likely need to increase further to return inflation to the Fed’s 2% goal quickly.
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