The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
"We're now facing a new crisis," Bank of Canada Gov. Tiff Macklem said at a press conference, after cutting the central bank's target for the overnight rate to 2.75%, down after seven straight cuts ...
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank's top bank supervisor, a White House official confirmed to MarketWatch. Signs of weakness are ...
Michelle Bowman would likely take oversight of the nation’s largest banks in a new direction as the Trump administration ...
The Trump administration is expected to choose Federal Reserve governor Michelle Bowman to be the central bank’s top financial regulator, according to a person familiar with the decision.
Bowman was appointed to the Fed's governing board by President Donald Trump in 2018 during his first term in the White House.
If confirmed, she is likely to usher in a more hands-off approach to financial regulation than her predecessor’s.
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U.S. Federal Reserve officials remain uncertain about ... Not all Fed officials are as concerned. Fed Governor Christopher Waller said on Monday he does not expect tariffs to trigger persistent ...
Also at the conference, Michelle Bowman, one of the governors of the Federal Reserve Board, predicted inflation will slowly ease later this year, though progress might be “bumpy and uneven ...
Ferguson was also the former vice chair of the Federal Reserve’s Board of Governors. After Trump’s presidential victory in November, business leaders such as Bank of America CEO Brian Moynihan ...