News

Who’s on Trump’s shortlist for Jerome Powell’s replacement at The Fed

Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...

Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four

U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's ...

Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting

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

Fed's Bowman and Waller Explain Why They Voted for Rate Cuts

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

Waller makes strongest call yet for rate cut in July, underscoring Fed divide

Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any ...

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.

Federal Reserve’s Waller says central bank should cut rates at next meeting

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...

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 ...

Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs

Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis points to 4.00%-4.25%, Federal Reserve Governors Christopher Waller and Michelle ...