Three Fed presidents-Beth Hammack of Cleveland, Neel Kashkari of Minneapolis, and Lorie Logan of Dallas-backed today's Fed rate decision but objected to retaining the so-called "easing bias" that for the last two years has suggested a rate cut is more likely than a rate hike. A fourth official, Fed governor Steven Miran, dissented in the opposite direction; he backed a rate cut.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 29, 2026 14:19 ET (18:19 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments