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The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
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 Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...
The Federal Reserve kept short-term interest rates at a level of 4.25 percent to 4.5 percent on Wednesday, but the vote saw ...
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...
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 widely expected to hold interest rates steady Wednesday amid internal divisions over the path of ...
Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy ...
America’s community banks are disappearing and forming more infrequently. These local lenders once dotted every city and ...
Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...