Fed’s Bowman on inflation

Bowman Dissent Over Cut Is First From a Fed Governor

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 central bank’s interest rate decision when she dissented Wednesday against

Nasdaq · 1d

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 members supported the larger cut, which was intended to address concerns about inflation and the labor market.

Business Insider · 1d

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 governor Michelle Bowman.

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,

Buffalo News · 1d

Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.

Hosted on MSN · 1d

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 by the U.S. central bank since 2005, denying Fed Chair Jerome Powell a clear consensus at a pivotal moment.

New York Post · 1d

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

Fed chairs typically seek consensus on decisions, sometimes reaching compromises to avert open disagreement that could be seen as undercutting their credibility.

1don MSN

Fed cuts rates by half a percentage point, cites 'greater confidence' on inflation

The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is expected to be a ...

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 ...

Fed announces big rate cut, shifting from inflation fight

Fed officials predicted that they would cut interest rates to 4.4% by the end of the year — much lower than the 5.1% they had ...

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 ...

Trump Goes After the Fed for ‘Playing Politics’ With Historic Rate Cut

The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, on Tuesday, thrusting it into the center of ...

Fed lowers interest rates with surprising jumbo half-point cut

The Fed was behind the curve when raising interest rates to corral inflation and the lesson appears to have been learned. By ...

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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