The Lone Dissenter Inside the Fed Who Voted Against Powell’s Rate Cut
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature declaration of victory.’ ...
Fed turns focus toward bolstering economy with obstacles ahead
The Federal Reserve is moving onto its next mission after the first rate cut since ratcheting them up to tame the rate of ...
WFIN2d
Biden falsely claims he’s never spoken to Federal Reserve Chairman Jerome Powell as president
President Biden on Thursday falsely claimed he had never spoken to Federal Reserve Chairman Jerome Powell as president, despite having a meeting with him at the White House two years ago. Biden, ...
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. Summary ...