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Bowman, a Federal Reserve governor, said he sees greater risks to the price stability mandate, even though labor market conditions could deteriorate.
Bowman, a Federal Reserve governor, said he sees greater risks to the price stability mandate, even though labor market conditions could deteriorate.
2024-11-20 17:13:20
Federal Reserve Governor Bowman: Price stability mandate faces greater risks, even as labor market conditions may deteriorate
Fed Governor Bowman sees greater risks to the price stability mandate, although labor market conditions could deteriorate. The economy is strong, the labor market is near full employment, and inflation is high. Nonfarm payrolls in October are expected to grow at recent averages after accounting for hurricanes, Boeing strikes, and a low response rate to the survey.
2024-11-20 17:45:32
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