- Analytics
- News and Tools
- Market News
- Fed's Bowman: latest data suggests slower inflation progress
Fed's Bowman: latest data suggests slower inflation progress
According to Federal Reserve (Fed) Board of Governors member Michelle Bowman, slower-than-expected progress on inflation has left the Fed policymaker cautious about monetary policy stance.
Key highlights
- Latest inflation data suggests slower progress on inflation.
- Fed's Bowman expects inflation will decline further with current policy rates.
- Upside risks to inflation still remain.
- Fed's monetary policy stance is still appropriately restrictive.
- Economic activity, consumer spending remain strong, labor market is still tight.
- If inflation moves sustainably to 2% goal, it will eventually be appropriate to cut rates, but not there yet.
- Fed's Bowman remains willing to raise policy rates if progress on inflation stalls or reverses.
- Remains cautious on monetary policy.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
