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Fed, Bowman and December
Fed Governor Bowman says December interest rate cut should be the last
Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the "final step" in the easing process. Even with the full percentage points of cuts from September through December,
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with rising inflation risks dictating a cautious approach ahead.
US Fed's December rate cut should be its last for now: official
The US central bank voted 11-to-1 in favor of cutting rates by a quarter of a percentage point at the meeting on December 17 and 18, reducing the bank's key lending rate to between 4.25 and 4.50 perce
bankingdive
14h
Barr’s likely replacement advocates ‘pragmatic’ approach
In a speech Thursday, Federal Reserve Gov. Michelle Bowman appeared to preview her approach if she’s the incoming president’s ...
American Banker
1d
Fed's Bowman preaches pragmatism for regulation, supervision
Seen by many as a logical pick for the Federal Reserve's next vice chair for supervision, Gov. Michelle Bowman wants the ...
3d
on MSN
Fed's Bowman emerging as 'likely choice' to become top US banking cop: Analysts
The surprise departure of Federal Reserve vice chair for supervision Michael Barr is focusing new attention on Michelle ...
16h
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
Yen on MSN
1d
US Fed's December rate cut was 'final' step to recalibrate policy: official
The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday ...
18h
Hot jobs report cements a Fed rate hold this month — and possibly the foreseeable future
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
1d
Fed’s Barkin Says Economy is Surprisingly Strong, Predicts More Gains
Federal Reserve Bank of Richmond President Thomas Barkin hailed the U.S. economy’s strength, forecasting more growth to come ...
Pensions&Investments
1d
Trump advisers look to reshape Fed leadership as roles open
President-elect Donald Trump’s advisers are considering how they will reshape the leadership of the Federal Reserve including ...
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