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

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.

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.

Republic Business on MSN · 17h

Fed's Big Cut May Have Been Closer Call Than Lone Dissent Suggests

That's a closer call than the lone formal dissent, cast by Fed Governor Michelle Bowman, suggests. As many as nine of the Fed's 19 policymakers may also have raised objections to some degree, or gone along only reluctantly, according to analysts who have parsed the decision over the 24 hours since.

Reuters · 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.

Fed Just Cut Interest Rates

Reuters on MSN · 1d

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 steady easing of monetary policy with a larger-than-usual reduction in borrowing costs that followed growing unease about the health of the job market.

The New York Times · 1d

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.

U.S. News & World Report · 13h

Trump Says Fed's Rate Cut Was 'Political Move'

Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by half of a percentage point was "a political move." "It really is a political move.

penncapital-star33m

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 ...

syracuse.com1d

Fed signals end to inflation fight with a sizable half-point rate cut

The Fed’s decision drew the first dissent from a member of its governing board since 2005. Michelle Bowman, a board ...

The Fed Joins The Global Easing Cycle

On Wednesday, after what has felt like one of the longest and most painful hiking cycles, the Fed announced a change to their ...

17h

Will The Fed Move Win Back The FinTech Bulls Like It Has Stock Market Investors?

There are a lot of opportunities to acquire world class technology and talent at a significant discount if you have the cash.

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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