Core CPI came in hot in August, and many on Wall Street think rate-cut expectations are too high.
(Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in central bank ...
Fed Governor Bowman noted that despite recent progress on inflation, price growth levels still remain well-elevated compared to the central bank's target ranges, and that recent moves in the ...
Since the Fed began tightening its monetary policy in March 2022, the FOMC has voted unanimously on every policy move and statement. Bowman has positioned herself as one of the more hawkish — or ...
A new reading on wholesale prices suggests inflation, as measured using the Federal Reserve’s preferred gauge, was considerably milder last month than indicated by the consumer-price index.
Investing.com -- Federal Reserve Governor Michelle Bowman said Tuesday she remains cautious on interest rate cuts and warned against overreacting to recent data showing easing inflation as ...
Aug 20 (Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside ...
The most recent price indexes tracked by the Fed peg inflation at around 2.5%. But Bowman questioned the durability of recent trends. With global supply chains back to their pre-pandemic form ...
Investing.com -- Federal Reserve Governor Michelle Bowman said Tuesday she remains cautious on interest rate cuts and warned against overreacting to recent data showing easing inflation as ...
Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported ...