Fed's Bowman on rate cuts: “I continue to prefer a cautious and gradual approach'
Federal Reserve Governor Michelle Bowman said Thursday she still supports "a cautious and gradual approach" to interest-rate reductions, citing stalled progress on lowering inflation. “The rate of ...
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Fed Governor Bowman says December interest rate cut should be the last
Other Fed speakers this week provided views contrary to that of Bowman, who is generally regarded as one of the committee's more hawkish members. Federal Reserve Governor Michelle Bowman said Thursday ...
American Banker16d
Fed's Bowman preaches pragmatism for regulation, supervision
In a speech on Thursday, Fed Gov. Michelle Bowman said she was "optimistic" that the change in administration will open the door for a more collaborative dynamic between banks and the agencies that ...
Fed’s Bowman Sees Rate Cuts on Pause Until Inflation Declines Again
Federal Reserve Governor Michelle Bowman considers interest rates on hold for the time being until the data shows inflation has resumed its downward trend. Bowman was the lone dissenter on the FOMC’s ...
Fed's Bowman said December rate cut was 'last step' in 'policy recalibration'
Fed governor Michelle Bowman said she supported a December rate cut as the "last step" in the central bank's "policy ...
Meet Trump’s leading pick to oversee Wall Street regulation at the Fed
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
Why two Fed officials doubt the need for many more rate cuts
Two top Federal Reserve officials on Thursday questioned the need for many more interest rate cuts. Fed Governor Michelle ...
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Fed's Bowman emerging as 'likely choice' to become top US banking cop: Analysts
What helps Bowman's chances, according to analysts, is that there currently is no empty seat on the Fed's board of governors for Trump to fill with an outsider. Barr said he will remain as a Fed ...
The Fed Is Back in Wait-and-See Mode With Rate Cuts
Having delivered a percentage point of interest-rate cuts in the closing months of last year, Federal Reserve officials are entering 2025 with open minds. Policy has been “recalibrated” for the curren ...
The Victoria Advocate16d
US Fed's December rate cut should be its last for now: official
Speaking in California on Thursday, Fed governor Michelle Bowman said she had backed another rate cut but could have been ...
AOL16d
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
(Reuters) - Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration ...
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Fed's Bowman said December rate cut was 'last step' in 'policy recalibration'
Now that the Fed has cut rates by a full percentage point since last September, the level of those rates is closer to Bowman's estimate of neutral — a reference to the level that is intended to ...