Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...

Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...

Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...

Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...

Federal Open Market Committee votes to hold rates at 4.25-4.5 per cent at its July meeting on Wednesday Two members dissented against the decision, Michelle Bowman and Christopher Waller. Both voted ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.