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Fed Leaves Interest Rates Unchanged, Forecasts Higher Unemployment and Inflation But Weaker Economic Growth
The decision on interest rates was expected, but the economic forecasts are a bit worse than back in March. The Federal Reserve left interest rates unchanged on Wednesday while forecasting higher inflation and lower economic growth for the remainder of 2025.
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 ...
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 ...
Federal Reserve Governor Michelle Bowman said on Friday she still expects declining inflation to allow further interest rate cuts this year, but feels rising wages, buoyant financial markets ...
Federal Reserve Governor Michelle Bowman said she sees lingering inflation risks and that policymakers should proceed cautiously with further interest-rate cuts. “The rate of inflation ...
On Friday, Bowman said such a big cut could hurt progress on the Fed's 2% inflation goal. Bowman says people could interpret the cut as a "premature declaration of victory" on inflation.
(Reuters) - Federal Reserve Governor Michelle Bowman said on Friday that inflation risks to the economy remain real and labor market data hard to interpret, and that augurs caution with further ...
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 ...
Michelle Bowman, President Donald Trump’s nominee to be the top bank regulator at the Federal Reserve, has been confirmed by ...
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