Federal Reserves Postponement of Rate Cuts Poses Risks to U.S. Economy, Warn Two Dissenting Governors Pursuing Leadership Role
Federal Reserve Board Governors Christopher Waller and Michelle Bowman have publicly disagreed with the Fed’s recent decision to keep interest rates steady. Both governors, appointed by former President Donald Trump, expressed their concerns that delaying rate cuts could negatively affect the U.S. economy. In statements released on Friday, Waller and Bowman advocated for gradual interest … Read more