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 Governor Bowman says December interest rate cut should ... - NBC News
1 day ago · Referring to the incoming administration, Michelle Bowman advised her colleagues to refrain from “prejudging” what Trump might do on issues such as tariffs and immigration.
Barr’s likely replacement advocates ‘pragmatic’ approach
1 day ago · Bowman and Fed Gov. Christopher Waller are both Trump-appointees, but Bowman has been widely viewed as Barr’s likely replacement, in part because of her bank supervisory experience. At the time of her 2018 appointment to the Fed board, she was the state banking commissioner of Kansas.
Michelle Bowman Advocates Final Interest Rate Cut Amid …
Michelle Bowman, a member of the Federal Reserve’s Board of Governors, has expressed her support for the recent interest rate cuts while advocating that the December reduction should be deemed ...
Fed Governor Michelle Bowman on why she voted against the …
Sep 24, 2024 · Federal Reserve Governor Michelle Bowman was the sole dissenter at last week’s Federal Open Market Committee vote — the first since 2005. In her view, a 25 basis-point cut would have been a more...
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...
Fed Governor Bowman says she's still open to raising rates if …
Jun 25, 2024 · Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates, adding she would be open to raising if inflation doesn't pull back.
Fed Governor Bowman explains dissent on rate vote, says she's
Sep 24, 2024 · Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week's half percentage point …
Fed dissenter Bowman preferred smaller rate cut because 'we …
Sep 20, 2024 · Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she wanted a smaller first move because inflation is not yet vanquished.
Fed's Bowman says more U.S. rate hikes likely will be needed
Aug 5, 2023 · The U.S. Federal Reserve will likely need to raise interest rates further to bring down inflation, Governor Michelle Bowman said on Saturday.