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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.

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Foreign investors withdraw approximately Rs 20,000 crore in last 5 trading sessions

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