The new voters on the Federal Reserve’s policy committee in 2025 are an official seen as one of the system’s most dovish, as ...
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation ...
Now that the Fed has cut rates by a full percentage point since last September, the level of those rates is closer to Bowman's estimate of neutral — a reference to the level that is intended to ...
What helps Bowman's chances, according to analysts, is that there currently is no empty seat on the Fed's board of governors for Trump to fill with an outsider. Barr said he will remain as a Fed ...
Other Fed speakers this week provided views contrary to that of Bowman, who is generally regarded as one of the committee's more hawkish members. Federal Reserve Governor Michelle Bowman said ...