The Federal Reserve’s decision to hold interest rates steady following the end of a two-day policy meeting on Wednesday ...

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...

Federal Reserve governors Michelle Bowman and Christopher Waller favored an interest-rate cut this week because they have ...

Michelle Bowman, the Fed’s Vice Chair of Supervision, has argued for three interest rate cuts in 2025, citing signs of a ...

Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...

Governor Christopher Waller and Fed Vice Chair for Supervision Michelle Bowman cast votes against the decision to hold the central bank’s benchmark overnight interest rate unchanged in the 4.25% ...

Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...

For the first time in more than three decades, two Federal Reserve Board governors dissented on a central bank policy ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

Based on their public comments in the past two months, it’s possible that governors Christopher Waller and Michelle Bowman could vote against leaving the short-term rate at about 4.3%.

The Federal Reserve kept its benchmark interest rate unchanged at its July meeting. In the statement, the FOMC says, "...recent indicators suggest that growth of economic activity moderated in the ...