Fed Governor Bowman says December interest rate cut should be the last
From CNBC: 2025-01-09 13:35:18
Federal Reserve Governor Michelle Bowman supports recent interest rate cuts but believes no further cuts are necessary due to inflation concerns. Other Fed members share her worry about inflation running above target, but some, like Governor Christopher Waller, are more optimistic, predicting further rate reductions may be appropriate. Bowman urges caution in policy adjustments.
Read more: Fed Governor Bowman says December interest rate cut should be the last