Fed Governor Michelle Bowman: Progress crucial on inflation before new rate cuts

CNBC

Center

Factuality

Ownership

Fed Governor Bowman says more progress on inflation is needed before further rate cuts

The Fed official called for more progress on inflation before the central bank engages in further interest rate cuts.

UPI

Center

Factuality

Ownership

Fed Governor Michelle Bowman: Progress crucial on inflation before new rate cuts

A U.S. Federal Reserve governor says she wants to see more data on inflation before advocating additional interest rate cuts.

BankBeat

Factuality

Ownership

Bowman, Waller: Caution necessary with interest rate cuts

The Federal Open Market Committee should remain cautious about lowering interest rates due to the strong condition of the economy and lingering inflation risks, said Federal Reserve Govs. Michelle Bowman and Christopher Waller during recent speeches. Bowman delivered her address  Feb. 17 during the American Bankers Association Conference for Community Bankers in Phoenix. Her speech came after the FOMC kept interest rates at 4.25 to 4.5 percent i…

El Economista

Factuality

Ownership

Michelle Bowman, governor of the Federal Reserve (Fed), wants a greater conviction that inflation will continue to fall this year before lowering rates again, particularly given the uncertainty surrounding the impact of the new trade policies of the US President’s government, Donald Trump. “I would like to have greater confidence that progress in reducing inflation will continue as we consider making more adjustments,” at a rate that the Fed cur…

diarioestrategia.cl

Factuality

Ownership

Michelle Bowman, a member of the governing body of the United States Federal Reserve (Fed), has stated that it is necessary to gain greater assurance that inflation is falling before further cutting interest rates, especially in view of the pro-inflationary effect that President Donald Trump's tariffs could have.