Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed cautiously with further interest-rate cuts. “The rate of inflation declined ...
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation ...
The S&P 500 jumped more than 50% over the two-year period of 2023-24, the first time it's done that since the dot-com era, ...
Now that the Fed has cut rates by a full percentage point since last September, the level of those rates is closer to Bowman's estimate of neutral — a reference to the level that is intended to ...
In a speech on Thursday, Fed Gov. Michelle Bowman said she was "optimistic" that the change in administration will open the door for a more collaborative dynamic between banks and the agencies that ...
What helps Bowman's chances, according to analysts, is that there currently is no empty seat on the Fed's board of governors for Trump to fill with an outsider. Barr said he will remain as a Fed ...
Other Fed speakers this week provided views contrary to that of Bowman, who is generally regarded as one of the committee's more hawkish members. Federal Reserve Governor Michelle Bowman said ...