Fed's Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer 'Than We Currently Think'
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 than policymakers currently realize.
Fed’s Bowman Urges Cautious Approach to Further Rate Cuts
Federal Reserve Governor Michelle Bowman said she wants to move cautiously on further interest-rate cuts because progress in reducing inflation has slowed.
Fed's Bowman says rate cuts are concerning
Nov 20 (Reuters) - Federal Reserve Governor Michelle Bowman on Wednesday expressed discomfort with the U.S. central bank cutting interest rates while inflation continues to run above the Fed's 2% ...
Fed's Bowman cautious on further rate cuts as end point for cuts could be closer
Investing.com -- Federal Reserve governor Michelle Bowman on Wednesday backed a cautious approach to further rate cuts amid expectations the neutral level or end point for rate cuts may be closer than previously expected at time when progress against inflation has stalled in recent months.
Dow briefly extends losses after Fed's Bowman sees need for caution on cuts
The Dow Jones Industrial Average was falling by more than 100 points Wednesday afternoon after Federal Reserve Governor Michelle Bowman said she favors a cautious approach to future interest-rate cuts.
Fed's Bowman calls for cautious approach on interest rates
Nov 20 (Reuters) - Federal Reserve Governor Michelle Bowman, among the U.S. central bank's most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts ...
Fed Governors Call For Caution on Rate Cuts
Federal Reserve officials should take a cautious approach to interest rate cuts amid a potentially bumpy disinflationary trajectory, governors Lisa Cook and Michelle Bowman separately said Wednesday.
Fed's Bowman urges 'cautious approach' to rate cuts as inflation progress stalls
Federal Reserve Governor Bowman advocates caution on further monetary easing due to ongoing inflation concerns.
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Fed’s Michelle Bowman warns against quick fixes in AI regulation
Michelle Bowman, a Federal Reserve Governor, has a message for policymakers itching to regulate artificial intelligence: slow ...
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Fed's Bowman: Regulators 'must have an openness' to AI
While the risks, benefits and magnitude of artificial intelligence's impact on financial services remain unclear, agencies ...
Jobless claims fall to 7-month low, show labor market 'trending sideways at a healthy level'
Weekly unemployment claims continue to move lower as labor market data normalizes following hurricane disruptions throughout ...
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Fed’s Bowman Sees U.S. Inflation Remaining as Prime Economic Concern
Federal Reserve Gov. Michelle Bowman said that inflation still dominates her concerns about the economy, arguing for a cautious approach to further rate cuts by the central bank. Bowman cast a ...
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Fed's Bowman: Chevron reversal will 'positively' change rules
The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory ...
European stocks head for slightly higher open amid subdued market sentiment
European stocks are expected to open slightly higher Thursday as global market sentiment dips.