Fed, Michelle Bowman
Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week’s half percentage point interest rate cut as she worries that inflation could reignite.
Fed Governor Michelle Bowman on why she voted against the big interest rate cut
Federal Reserve Governor Michelle Bowman was the sole dissenter at last week’s Federal Open Market Committee vote — the first since 2005. In her view, a 25 basis-point cut would have been a more measured response to current economic conditions.
Fed governor explains why she became first to dissent from rate cut decision in nearly two decades
Fed Governor Michelle Bowman warned about inflationary risks in explaining her dissent of the Fed’s decision to conduct a bigger-than-normal interest rate cut.
Fed Bowman's dissent is first from Fed governor since 2005
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed Chair Jerome Powell a clear consensus at a pivotal moment.
Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she wanted a smaller first move because inflation is not yet vanquished.
Bowman Dissent Over Cut Is First From a Fed Governor Since 2005
Michelle Bowman cast the first dissenting vote by a Federal Reserve governor since 2005, preferring to cut rates by a smaller amount at Wednesday’s policy meeting.
Michelle Bowman becomes first Fed governor to dissent since 2005
Michelle Bowman, a governor on the Federal Reserve Board, became the first Fed official since 2005 to vote against the central bank’s interest rate decision when she dissented Wednesday against the Fed’s move to cut rates by 50 basis points.
One Fed Official Dissents on Fed Rate-Cut
Federal Reserve Governor Michelle Bowman dissented against Wednesday’s decision for a half percentage point interest-rate cut in favor of a smaller quarter-point cut. Bowman, who was appointed to the board by Donald Trump in 2018,
Fed Reserve Gov. Michelle Bowman voted against half-point rate — first dissent since 2005
Fed chairs typically seek consensus on decisions, sometimes reaching compromises to avert open disagreement that could be seen as undercutting their credibility.
Fed Governor Bowman’s Rare Dissent Marks Key Shift in Monetary Policy
Michelle Bowman became the first Fed governor since 2005 to dissent on a rate decision, opposing a half-point cut in favor of a quarter-point reduction. Fed Chair Jerome Powell and the other 11 voting members supported the larger cut,
Bowman Says Fed Must Keep Eye on Inflation, Upside Risks Remain
Federal Reserve Governor Michelle Bowman said the central bank should lower interest rates at a “measured” pace, arguing that ...
Fed's Bowman: Lingering inflation risks warrant more cautious cuts
U.S. Federal Reserve Governor Michelle Bowman said on Tuesday key measures of inflation remain "uncomfortably above" the ...
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed goveror Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that she ...
Federal Reserve: Don't Move Too Fast
Fed Governor Bowman warns against interpreting rate cuts as signs of economic weakness, stressing the risks of stoking ...
American Banker20h
Fed governor: Regulators just 'don't understand' implications of new rules
Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended ...
Treasury Yields Rise, Dollar Weakens Ahead of Data, Bowman Speech
Treasury yields rise and the dollar weakens ahead of U.S. housing and consumer confidence data, following news of broad economic stimulus in China. July Case-Shiller 20-city home price index is ...