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Fed Bowman's dissent is first from Federal governor
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.
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.
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.
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 the Fed’s move to cut rates by 50 basis points.
Bowman Dissent Over Cut Is First From a Fed Governor Since 2005
Michelle Bowman cast the first dissenting vote by a Federal Reserve governor since 2005, preferring to cut rates by a smaller amount at Wednesday’s policy meeting.
21h
Not All Fed Officials Voted for a Half-Point Rate Cut
Federal Reserve Gov. Michelle Bowman cast the lone dissenting vote on the central bank’s move [to lower interest rates by a ...
19h
Why Fed Chair Powell Is More Important Than Whomever Will Become the Next President
It was the half-basis-point cut heard round the world. On Wednesday, the Federal Reserve cut interest rates for the first ...
2h
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 ...
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 ...
14h
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.
devdiscourse
16h
Federal Reserve Enacts Bold Rate Cuts Amidst Divided Support
The Federal Reserve's recent decision to cut interest rates sparked internal debate among its 19 policymakers. While Fed ...
The New York Times
1d
I Worked for the Fed. The Interest Rate Cut Is Only One Step in a Larger Plan.
That may explain why this move raised dissent. One
Fed
governor, Michelle
Bowman
, preferred a quarter-percentage-point ...
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 ...
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