Aug 14, 202514327 Views
Aug 14, 2025
on August 14th, Ethan Harris, former chief economist at Bank of America Securities, said that the days of the Fed marching in lockstep are gone. Dissent from Bullard and Bowman, appointed by President Trump in July, who support rate cuts, has "shattered the harmony." This means that no matter what decision the Fed makes, there will be opposition.
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