Powell Addresses Internal Dissent, Says the Fed Values Clear Thinking and Expression

According to a report by Jinse Finance, when asked about the dissenting votes from Federal Reserve Governors Bowman and Waller in the interest rate decision, Fed Chair Powell stated that the majority of FOMC members believe it is appropriate to maintain a moderately restrictive stance given that inflation remains above target. The two dissenters clearly explained their views, and we hope to see this kind of clarity in thinking and expression. Today, all of us witnessed exactly that.