manilatimes21h
US Fed dissenter calls for 'measured' rate cuts
The sole holdout in the US Federal Reserve's (Fed) 11-to-1 vote cementing a larger interest rate cut said Friday that the ...
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% ...
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 ...
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 ...
Fed governor explains dissent from 50 basis point rate cut
Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, ...
Stock Market Today: Dow ekes out gain to clinch record close
At 4.00 p.m. ET (2000 GMT), Dow Jones Industrial Average rose 38 points, or 0.1% to a record close of 42,063.36. The S&P 500 ...
MT Newswires on MSN1d
US Equity Markets End Mixed Friday as Traders Weigh Remarks by Fed Governors
US benchmark equity indexes ended mixed Friday as traders assessed remarks by two Federal Reserve governors. * Fed Governor Michelle Bowman said Friday she preferred a smaller 25-basis-point cut at ...
Fed's Bowman voted against jumbo cut to avoid signaling victory on inflation
Fed Governor Michelle Bowman said Friday that she voted against the central bank's decision to begin the rate-cutting cycle ...
Fed's Historic Dissenter Bowman Says Smaller Interest Rate Cut Was Justified: 'We Have Not Yet Achieved Our Inflation Goal'
Federal Reserve Governor Michelle W. Bowman withheld support for a 50-basis-point interest rate cut during this week's FOMC ...
American Banker1d
The economic cloud over the Fed's half-point rate cut
Federal Reserve Gov. Michelle Bowman cast the first dissenting vote at an FOMC meeting in years. On Friday, she explained why ...
Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she ...
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 ...