Fed to Get Validation, Bowman Still Concerned, More
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manilatimes10h
US Fed dissenter calls for 'measured' rate cuts
The sole holdout in the US Federal Reserve's (Fed) 11-to-1 vote cementing a larger interest rate cut said Friday that the ...
Anadolu Ajansi15h
Fed's lone dissenter views jumbo cut 'premature declaration of victory' on inflation
Michelle Bowman, who advocated for 25 basis points of rate cut, believes moving at measured pace will ensure bringing ...
The Fed decision's lone dissenter worries the bigger rate cut sends a 'premature victory' message to markets
On Wednesday, the Fed decided on a 50-basis-point cut that brought the Fed's policy rate to a range of 4.75% to 5%. The vote was 11 to 1 in favor of the cut, and Bowman's dissent was the first by a ...
West Hawaii Today16h
US inflation data cemented big cut for one Fed official, dissent for another
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage ...
Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon
Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...