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Michelle Bowman, the Fed’s Vice Chair of Supervision, has argued for three interest rate cuts in 2025, citing signs of a weakening labour market, including higher unemployment and slower payroll ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...
Whatever happens at September's Federal Reserve meeting will pale in comparison to a wholesale rethinking of the U.S. central ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed Gov. Michelle Bowman is doubling down on her call to cut interest rates, urging the central bank to move faster to protect what she sees as a weakening jobs market.
The position, which comes with a spot on the interest rate-setting Federal Open Market Committee, comes after Fed Gov.