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Wednesday, September 18, 2024

Michelle Bowman's dissent is first from Fed Governor since 2005

Federal Reserve Governor Michelle Bowman dissented on an interest-rate decision for the first time since 2005, opposing a 50 basis point cut in favor of a quarter-point reduction. Her stance reflects concerns about easing too quickly and highlights ongoing internal debates within the Fed over monetary policy amidst economic challenges.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aCDVkZE

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Dow soars over 1,300 pts, Sensex 900 pts

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