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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 grown more concerned about the labor market, and thought their colleagues were being too cautious about inflation.
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
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Mortgage rates have dropped, but it's not likely tied to the latest Fed news. Here’s why waiting for a Fed rate cut could be ...
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Inflation picked up in June, as measured by the Federal Reserve's preferred gauge, reflecting the continued price pressures ...
That same day, Fed Chair Jerome Powell told reporters that a “solid” labor market means central bankers still have the luxury ...
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
The Fed’s next policy meeting is six weeks away. That leaves time for another jobs report, fresh inflation data, and the ...
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