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Bowman’s openness to cutting rates soon is joined by that of Fed Governor Christopher Waller, who said in a television interview Friday he’d also consider a rate cut at the July 29-30 meeting.
Her remarks signal a shift within the central bank and highlight growing internal tension over whether the Fed should move quickly to ease policy.
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed offici ...
Fed minutes may reveal splits on rate cuts as Trump’s new tariffs fuel inflation risk. Traders brace for volatility in bond ...
Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s ...
Federal Reserve governor Michelle Bowman supports a rate cut 'as soon' as July, highlighting the growing division within the central bank about whether to ease monetary policy in the near term.
“While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could ...
A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central ...
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Powell holds cautious Fed stance as Bostic resists cuts while Waller, Bowman push for July easing. Dollar weakness signals ...
The Federal Reserve has gotten lots of media attention recently, notwithstanding everything else that’s happening in the ...