Fed's Bowman said December rate cut was 'last step' in 'policy ...
1 day ago · Fed governor Michelle Bowman said she supported a December rate cut as the 'last step' in the central bank's 'policy recalibration,' becoming the latest Fed official to urge caution about the path ...
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
1 day ago · (Reuters) - 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 ...
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines
1 day ago · Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the ...
Fed Governor Bowman says December interest rate cut should be …
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.
Fed News: Collins, Harker, Bowman, and More Talk Rate Cuts, …
2 days ago · Fed News: Collins, Harker, Bowman, and More Talk Rate Cuts, Economy Follow live coverage of the various central bank officials talking today.
Fed’s Bowman Flags Inflation Risks, Encourages Cautious Approach
1 day ago · 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 significantly in 2023, but this progress appears to have stalled last year with core inflation still uncomfortably above the committee’s 2% goal,” Bowman said in prepared remarks Thursday for an ...
Fed’s Bowman Flags Inflation Risks, Encourages Cautious Approach
1 day ago · Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed cautiously with further interest-rate cuts. ... news and insight around the world.
Fed Bowman's dissent is first from Fed governor since 2005
Sep 18, 2024 · Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed Chair Jerome...
Bowman Says Fed Should Proceed ‘Cautiously’ With Rate Cuts
Dec 6, 2024 · Federal Reserve Governor Michelle Bowman reiterated that she prefers to lower interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2%...
Fed's Bowman, Worried by Inflation, Calls for Caution on Rate Cuts
Dec 6, 2024 · (Reuters) - Federal Reserve Governor Michelle Bowman said on Friday that inflation risks to the economy remain real and labor market data hard to interpret, and that augurs caution with...