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Fed s Bowman Reiterates That It s Too Soon to Cut Interest Rates

Fed s Bowman Reiterates That It s Too Soon to Cut Interest Rates
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Fed s Bowman says she will stay cautious on monetary policy

Federal Reserve Governor Michelle Bowman on Tuesday signaled she is in no rush to cut U.S. interest rates, particularly given upside risks to inflation that could stall progress or even cause price. -February 27, 2024 at 12:45 pm EST - MarketScreener

Fed s Bowman says she will stay cautious on monetary policy

"My baseline outlook continues to be that inflation will decline further with the policy rate held steady," Bowman said in remarks prepared for delivery to a Florida Bankers Association leadership luncheon in Miami. Bowman supported the Fed's decision last month to hold its benchmark overnight interest rate in the current 5.25%-5.50% range, and on Tuesday said she feels the U.S. central bank's policy stance is "restrictive and appears to be appropriately calibrated to reduce inflation pressures."

Fed s Bowman says she will stay cautious on monetary policy

(Reuters) - Federal Reserve Governor Michelle Bowman on Tuesday signaled she is in no rush to cut U.S. interest rates, particularly given upside risks .

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