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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 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 central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The Fed's rate-setting committee is scheduled to meet later this week as Trump continues to push for looser monetary policy.
Based on their public comments in the past two months, it’s possible that governors Christopher Waller and Michelle Bowman ...
Bank capital rules are incredibly complex and costly. They will never guarantee financial stability. A radical simplification ...
3don MSN
The Federal Reserve has begun developing a new risk-based capital rule aimed at easing the burden on the largest U.S. banks ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...
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