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The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the US economy a soft landing.
Fed governor explains dissent from 50 basis point rate cut
Federal Reserve Governor Michelle Bowman explained her dissent from the central bank's decision to cut interest rates by 50 basis points, saying she would have preferred a smaller cut.
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this week said she thought it would send the wrong message to markets that inflation was dead.
US inflation data cemented big cut for one Fed official, dissent for another
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage point, laid out on Friday the depth of the debate over the move,
The Lone Dissenter Inside the Fed Who Voted Against Powell’s Rate Cut
Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like ‘a premature declaration of victory.’
Fed’s Bowman Says Big Rate Cut Could Be Seen as Claiming Victory Too Soon
Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was declaring victory over inflation too early.
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-percentage-point reduction instead,
7h
Keir Starmer Stumbles Into What Should Be His Big Victory Lap
Keir Starmer promised British voters the Labour Party would put public service at the heart of a “mission-led” government ...
4h
Stoneham’s unconventional offense proves unstoppable in nonleague football victory at Arlington
Running backs Sean Kilty (13 carries, 255 yards, 4 TDs) and Logan Tran (13 carries, 214 yards, 2 TDs) led a two-man stampede ...
1d
Spain denies 'complicity' in Venezuela's Gonzalez signing letter accepting Maduro victory
Spain has denied involvement in negotiations between Venezuelan opposition leader Edmundo Gonzalez and President Nicolas ...
Opinion
1d
Opinion
OPINION: This is the speech Kamala Harris needs to give. It could seal her victory | Mike Kelly
Vice President Kamala Harris needs to acknowledge her faults — and the Biden administration's — if she wants to clinch ...
2h
Emmet Kenney's field goal as time expires lifts Stanford to 26-24 victory over Syracuse.
Emmet Kenney hit a 39-yard field goal as time expired to lift Stanford over Syracuse 26-24 on Friday night, giving the Cardinal their first Atlantic Coast Conference victory.
2d
on MSN
Ukraine's Zelenskiy says 'victory plan' is ready
President Volodymyr Zelenskiy said on Wednesday that his "Victory Plan", intended to bring peace to Ukraine while keeping the ...
18h
Lancashire victory ends Somerset title bid
Surrey’s third successive County Championship title is confirmed as Somerset fall to a 168-run defeat away to Lancashire.
The Advocate
8h
Check out the four keys to Southern getting a victory against Prairie View
The Southern backfield is perhaps the deepest and most talented group but can’t go far without room to run. There might be ...
1d
on MSN
The Federal Reserve should be careful about doing victory laps over inflation: Jason Trennert
'Kudlow' panelists Liz Peek and Jason Trennert discuss the impact of the Fed slashing rates on 'Kudlow.' ...
Yahoo
9h
‘Russia must feel it’s going to lose’ – Zelensky’s ‘victory plan,’ explained
Then, President Volodymyr Zelensky made an unexpected announcement – he has a plan on how to end Russia’s war with Ukraine’s ...
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