Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...
Fed Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last ...
Except it wasn’t a study. It was a speech by Michelle Bowman, a Fed governor appointed by former President Donald J. Trump. Ms. Bowman’s name is likely little known outside Washington.
In a historic dissent, Michelle Bowman, a Fed governor, advocated instead for a smaller 25 basis point cut. In a statement released Friday, Bowman voiced the concerns behind her disagreement with ...
To bolster his claims, the Ohio senator afterward posted a speech by Federal Reserve Governor Michelle Bowman, who told a gathering of bankers in May that the inflow of new immigrants in some ...
The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before ...
However, the decision to reduce the target range for the Fed funds rate by 25 basis points to 4.5-4.75% was unanimous, unlike ...
First, the spotlight will be on FedSpeak, with commentary expected from Federal Reserve Governor Michelle Bowman and St.
Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week’s half percentage point interest rate cut as she worries that ...