Fed’s Bowman on inflation

Fed's Bowman says dissent on large rate cut based on above-target inflation data

Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-percentage-point reduction instead,

Wall Street Journal · 1d

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 · 2d

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.

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 ...

1don MSN

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 ...

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 ...

A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades

The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, with a dissent from Fed ...

The Fed says its long-awaited rate cut is apolitical, even close to the presidential election

The Federal Reserve’s first key interest rate cut in four years coincides with another major four-year event: the homestretch of the presidential election. Fed Chair Jerome Powell downplayed the ...

1don MSN

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 ...

6don 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.

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