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Powell talks about internal dissenting votes, saying the Federal Reserve values clear thinking and expression

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2025-07-30 19:00:09
On July 31st, when asked about the negative votes of Federal Reserve Governors Bowman and Waller in the interest rate decision, Federal Reserve Chairperson Powell said that most members of the FOMC believe that it is appropriate to maintain a moderately restrictive stance given that inflation is above target. The two opponents clearly explained their thinking, and we want to see that clarity of thought and expression, and we all saw that today.
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