News list for " Bowman Says Inflation"

Fed Governor Bowman said there are upside risks to inflation and continued strength in the labor market, suggesting she may not be prepared to support a rate cut at the next meeting of U.S. central bankers in September. She said the progress made in reducing inflation in May and June was welcome, but it was troubling that inflation remained above the committee's 2 percent objective, and I would be cautious as I consider adjusting my current policy stance. She also said that U.S. fiscal policy, t...

2024-08-11 01:19:02