Fed’s Bowman Defends ‘No’ Vote on Jumbo Cut. Inflation Is Still Too High.
It’s too early for the Fed to declare mission accomplished in its fight against inflation, Federal Reserve Gov. Michelle ...
The New York Times27d
Could the Lone Fed Dissenter Be in Line for a Powerful Role if Trump Wins?
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence. By Jeanna Smialek When Senator JD Vance wanted to back up the assertion he made during the ...
The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says
The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report crushed estimates, with ...
Kansas City Star24d
JD Vance cited this ex-Kansas official to back up immigrant housing claims. Who is she?
But Bowman also has deep ties to Kansas. Before former President Donald Trump nominated her to the Fed board in 2018, she was the state bank commissioner, the top banking official in Kansas.
USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report
USD/CAD trades flat around 1.3860 in Friday’s early Asian session. The Fed decided to cut the interest rate by a quarter ...
Fed cuts rates by 25bp, as expected
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 ...
Barron's1mon
Not All Fed Officials Voted for a Half-Point Rate Cut
Michelle Bowman cast the lone dissenting vote on the ... Dissenting votes have been rare for the Fed’s policymaking committee since the Covid-19 pandemic. The last was at the June 2022 meeting ...
FXEmpire.com1mon
Fed should look at how to efficiently support markets in times of stress -Bowman
The U.S. central bank should explore how “to minimize the Fed’s footprint and amount of asset purchases needed to restore market functioning” in times of severe stress, Bowman said in ...
GBP/USD holds below 1.3000 after BoE/Fed rate decision
The Fed cuts interest rates by a quarter point at the November meeting, as widely expected.
Business Insider1mon
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
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 ...
Yahoo Finance1mon
Fed Bowman's dissent is first from Fed governor since 2005
WASHINGTON (Reuters) - Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed ...