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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.
Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation ...
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 ...
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 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 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.
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 ...
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 ...
Fed Governor Michelle Bowman said Friday she expects inflation to remain elevated and repeated that she wouldn't rule out raising rates if needed. “While the current stance of monetary policy ...
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 ...
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