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Waller, Bowman Cite Labor Concerns for Dissents

In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why

Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points.

MarketWatch · 1d

Bowman, Waller Explain Their Fed Dissents

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 Fed governors dissented against the Fed's majority decision in 32 years.

Yahoo Finance · 1d

Fed's Waller, Bowman Cite Labor Concerns for Dissents

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor market could come from policymakers' hesitance to lower interest rates. Both Waller and Bowman dissented against the Fed's decision this week to hold its benchmark interest rate steady for a fifth consecutive time.

13hon MSN

Waller celebrates special first Godolphin win with idol by his side

Premier Sydney trainer Chris Waller believes a star addition to his team with “help us go to that next stage” after a special ...

1don MSN

Fed’s Waller, Bowman Cite Labor-Market Worries for Dissents

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...

1don MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation

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

16h

Chris Waller three-year-old Crossbow thrives at Flemington to break maiden

Jockey Ben Melham believes Crossbow has a bright future after the Chris Waller three-year-old relished the Flemington track ...

15don MSN

Waller says he's willing to lead Fed if Trump asks, but no contact so far

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but ...

2don MSN

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

16h

Godolphin’s transition to public training begins with an Amusing win for Chris Waller and James McDonald at Rosehill

Premiership winners Chris Waller and James McDonald helped launch Godolphin’s new era with a bang as Amusing gave the champion trainer his first winner for the ‘Blue Army’ at Rosehill Gardens on ...

14d

Waller Says He Would Accept the Fed’s Top Job If Asked

Federal Reserve governor Christopher Waller, a Trump appointee from the president’s first term and a contender to succeed ...

3don MSN

Powell downplays Fed board dissents: ‘Quite a good meeting’

Federal Reserve Chair Jerome Powell downplayed Wednesday the decision by two members of the central bank’s board to dissent ...

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