Fed’s Bowman on inflation

Fed Reserve Gov. Michelle Bowman voted against half-point rate — first dissent since 2005

Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the central bank since 2005, denying Fed Chair Jerome Powell a clear consensus at a pivotal moment.

Wall Street Journal · 17h

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,

The New York Times · 15h

Fed Announces Big Rate Cut

We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell, said, referring to the central bank’s decision to cut interest rates by half a point.

15hon MSN

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 ...

17h

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 ...

West Hawaii Today1h

Fed unveils oversized rate cut as it gains ‘greater confidence’ about inflation

The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual ...

14hon MSN

Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut

The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020.

18h

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 ...

5don MSN

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

A week's worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22.

6 Wall Street experts share why investors could be overestimating how much the Fed will cut rates after August's inflation report

Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.

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