Fed's Bowman Expresses Caution on Policy Changes Amid Inflation Concerns

Reported about 2 months ago

Federal Reserve Governor Michelle Bowman has voiced caution regarding potential shifts in the U.S. central bank's policy due to ongoing inflation risks. While she does not currently support a rate hike, she also refrains from endorsing a rate cut at the upcoming Fed meeting, emphasizing the need for patience and careful assessment of economic data, particularly in light of inconsistent employment reports.

Source: YAHOO

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