Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
- Posted on September 24, 2024
- By AOL
- 3 Views
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that she worried that a bigger reduction would send a signal of economic weakness ahead.
