One FOMC dissenter might have just called out the Fed for its shifting base interest rate policy

fortune.com/2025/08/11/michelle-bowman-fomc-dissent-base-interest-rate

FOMC member Michelle Bowman has urged consistency in interest rate policy, following questions about why the FOMC cut rates in late 2024 but is holding steady now despite similar levels of inflation and unemployment data. Citing sharp downward revisions to U.S. job growth, Bowman…

This story appeared on fortune.com, 2025-08-11 15:10:53.
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