Fed's Bowman: Lingering inflation risks warrant more cautious cuts
WEB7 hours ago · 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 ...
Bowman Says Fed Must Keep Eye on Inflation, Upside Risks Remain
WEB7 hours ago · September 24, 2024 at 9:00 AM EDT. Save. Federal Reserve Governor Michelle Bowmansaid the central bank should lower interest rates at a “measured” pace, arguing that inflationary risks remain ...
Lone Fed dissenter worried bigger rate cut would send signal of ...
WEB7 hours ago · Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that she worried that a bigger reduction would send a signal of economic ...
Fed Governor Bowman explains dissent on rate vote, says she’s …
WEB7 hours ago · Fed Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week's half percentage point interest rate cut. The jumbo cut "could be ...
Fed's Bowman Sees Risks Weighted Toward Inflation Concerns
WEB20 hours ago · Sept. 24, 2024 at 10:05 a.m. ET. By Matt Grossman. Federal Reserve governor Michelle Bowman said that she believes the risk of persistent inflation still outweighs potential weakness in the labor ...
Fed Governor Michelle Bowman thinks inflation is still a big risk
WEB6 hours ago · Bowman has a more sober view of the current economic situation. She said the inflation rate, which came in at 2.5% in August, is still “ uncomfortably above” the Fed’s 2% target.
Fed Bowman's dissent is first from Fed governor since 2005
WEB6 days ago · 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 Powell a ...
Fed’s Bowman Says Big Cut Could Be Seen as Claiming Win Too …
WEB4 days ago · Updated on. September 20, 2024 at 1:31 PM EDT. Federal Reserve Governor Michelle Bowman said cutting interest rates by a half percentage point this week risked signaling the US central bank was ...
Fed Governor Bowman says she’s still open to raising rates if ... - CNBC
WEBJun 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’s Rare Dissent Marks Key Shift in ... - Nasdaq
WEB6 days ago · Federal Reserve Governor Michelle Bowman made history on Wednesday by casting the first dissenting vote from a Fed governor since 2005. Bowman opposed the central bank’s decision to cut the ...
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