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.

Federal Reserve Governor Michelle W. Bowman cautioned on Wednesday that inflation remains a significant concern and suggested that interest rates may already be closer to a “neutral” level ...

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 ...

Bowman’s openness to cutting rates soon is joined by that of Fed Governor Christopher Waller, who said in a television interview Friday he’d also consider a rate cut at the July 29-30 meeting.

Inflation rose 2.4% year-over-year last month, with the Consumer Price Index increasing 0.1% for the month.Core inflation also rose 0.1% monthly and 2.8% annually, driven largely by shelter and ...

Federal Reserve Governor Michelle Bowman said on Wednesday that if high inflation does not start to wane she will continue to support aggressive rate rises aimed at taming price pressures.

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 softened her usually hawkish tone ever so slightly on Saturday, noting some further "welcome" progress on inflation in the last couple months even as she ...

Federal Reserve governor Michelle Bowman on Monday said her hawkish stance on monetary policy has "evolved," and she now sees the chance that inflation could continue to come down without further ...

Federal Reserve Governor Michelle Bowman said she wants to see additional progress on inflation before the central bank lowers interest rates further, and questioned how restrictive policy might ...

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 ...

Bowman warned inflation progress has stalled, and suggested interest rates might already be near the neutral level. Market odds of a December rate cut dropped to 55%, down from 82% a week ago. Up ...