News

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Who’s on Trump’s shortlist for Jerome Powell’s replacement at The Fed
Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...
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 ...
Fed's Waller, Bowman Cite Labor Concerns for Dissents
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...
Fed's Waller Calls for July Interest Rate Cut
Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that ...
Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis points to 4.00%-4.25%, Federal Reserve Governors Christopher Waller and Michelle ...