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Fed’s Bowman Says Big Rate Cut Could Be Seen

Business Insider on MSN · 1d

The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.

Bloomberg on MSN · 1d

Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon

Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early. “The committee’s larger policy action could be interpreted as a premature declaration of victory on our price stability mandate,

New York Post on MSN · 1d

Top Fed official warns jumbo rate cut is declaring victory over inflation too soon

JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.

3don MSN

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 ...

9d

What happened to Aundria Bowman? The true story behind ‘Into the Fire: The Lost Daughter’

Terkanian’s relentless quest to discover what happened to her daughter, decades after her disappearance, unfolds in a new, ...

1don MSN

The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets

The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...

3d

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 ...

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