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Her remarks signal a shift within the central bank and highlight growing internal tension over whether the Fed should move quickly to ease policy.
A top Federal Reserve official who resisted an aggressive cut last year said she is open to easing interest rates as soon as next month, in a sign support is building among policymakers for a looser ...
Federal Reserve Governor Michelle Bowman said Monday she would favor an interest rate cut at the next policy meeting in July so long as inflation pressures stay muted ...
The Associated Press on MSN14d
Federal Reserve’s Bowman says rate cut should be on table in JulyWASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep ...
In her speech, Bowman noted that the 12-month measure of core personal consumption expenditure inflation index came in at a 2.6% rate in July, well above the Fed’s 2% target.
WASHINGTON (Reuters) - U.S. Federal Reserve Governor Michelle Bowman said on Tuesday key measures of inflation remain "uncomfortably above" the Fed's 2% target, warranting caution as the Fed ...
Federal Reserve Governor Michelle Bowman said she still sees upside risks for inflation and continued strength in the labor market, signaling she may not be ready to support an interest-rate ...
June 23 (Reuters) - Federal Reserve Governor Michelle Bowman on Thursday called for a more aggressive path of rate hikes than most of her fellow central bankers currently contemplate, saying she ...
NEW YORK, Jan 10 (Reuters) - Federal Reserve Governor Michelle Bowman said on Tuesday the U.S. central bank will have to raise interest rates further to combat high inflation and that will likely ...
Bowman, appointed by Trump during his first term, has been among the most hawkish at the Fed in her approach to inflation. She said she does expect inflation to slow further this year, with an ...
Inflation remains more of a concern than potential weakness in the labor market, Federal Reserve Gov. Michelle Bowman said Tuesday. "In my view, the upside risks to inflation remain prominent ...
U.S. Federal Reserve Governor Michelle Bowman said on Tuesday key measures of inflation remain "uncomfortably above" the Fed's 2% target, warranting caution as the Fed proceeds with cutting ...
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