It’s too early for the Fed to declare mission accomplished in its fight against inflation, Federal Reserve Gov. Michelle ...

Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence. By Jeanna Smialek When Senator JD Vance wanted to back up the assertion he made during the ...

But Bowman also has deep ties to Kansas. Before former President Donald Trump nominated her to the Fed board in 2018, she was the state bank commissioner, the top banking official in Kansas.

USD/CAD trades flat around 1.3860 in Friday’s early Asian session. The Fed decided to cut the interest rate by a quarter ...

However, the decision to reduce the target range for the Fed funds rate by 25 basis points to 4.5-4.75% was unanimous, unlike ...

The Fed cuts interest rates by a quarter point at the November meeting, as widely expected.

Michelle Bowman cast the lone dissenting vote on the ... Dissenting votes have been rare for the Fed’s policymaking committee since the Covid-19 pandemic. The last was at the June 2022 meeting ...

No governor had dissented from an interest rate decision since 2005. In explaining her rationale, Bowman said the half percentage point, or 50 basis point, reduction posed a number of risks to the Fed ...

In a historic dissent, Michelle Bowman, a Fed governor, advocated instead for a smaller 25 basis point cut. In a statement released Friday, Bowman voiced the concerns behind her disagreement with ...

The U.S. central bank should explore how “to minimize the Fed’s footprint and amount of asset purchases needed to restore market functioning” in times of severe stress, Bowman said in ...

WASHINGTON (Reuters) - Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed ...