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Fed Governor Bowman explains dissent on rate vote
Core inflation is still 'uncomfortably' above the Fed's goal, Governor Bowman says
"The progress in lowering inflation since April is a welcome development, but core inflation is still uncomfortably above the [Federal Open Market] Committee's 2% goal," Federal Reserve Governor Michelle Bowman said on Monday.
Michelle Bowman becomes first Fed governor to dissent since 2005
Michelle Bowman, a governor on the Federal Reserve Board, became the first Fed official since 2005 to vote against the central bank’s interest rate decision when she dissented Wednesday against the Fed’s move to cut rates by 50 basis points.
Fed Governor Michelle Bowman on why she voted against the big interest rate cut
Federal Reserve Governor Michelle Bowman was the sole dissenter at last week’s Federal Open Market Committee vote — the first since 2005. In her view, a 25 basis-point cut would have been a more measured response to current economic conditions.
1h
'Into the Fire' reignites fears, memories for Hamilton residents who knew Dennis Bowman
ALLEGAN COUNTY — In the aftermath of Netflix's "Into the Fire: The Lost Daughter," emotions have reignited and stories abound ...
6d
Fed's Bowman: Lingering inflation risks warrant more cautious cuts
U.S. Federal Reserve Governor Michelle Bowman said on Tuesday key measures of inflation remain "uncomfortably above" the ...
4d
Fed's Bowman Says Discount Window Use Is for Emergencies
(Reuters) - Federal Reserve Governor Michelle Bowman on Thursday said banks' use of the Fed's discount window is for ...
12d
Fed Governor Bowman’s Rare Dissent Marks Key Shift in Monetary Policy
Michelle Bowman became the first Fed governor since 2005 to dissent on a rate decision, opposing a half-point cut in favor of a quarter-point reduction. Fed Chair Jerome Powell and the other 11 voting ...
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What to expect from Fed Chair Powell, Gov. Bowman's remarks today
Several Federal Reserve officials are slated to deliver remarks on today, including Fed Chair Jerome Powell and Fed Governor ...
American Banker
6d
Fed governor: Regulators just 'don't understand' implications of new rules
Federal Reserve Gov. Michelle Bowman said a lack of banking experience among regulatory officials has led to unintended ...
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