Fed's Bowman Sees Risks Weighted Toward Inflation Concerns
Federal Reserve governor Michelle Bowman said that she believes the risk of persistent inflation still outweighs potential weakness in the labor market, in remarks that sought to justify her dissenting vote against the Fed's large rate cut last week.
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.
The FOMC too often speaks with one voice, an oddity in its history and for central banks globally.
The Federal Reserve on Wednesday cut its benchmark interest rate by ... The Fed’s decision drew the first dissent from a ...
Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended ...
Fed goveror Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that she ...
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick ...
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