Federal Reserve Governor Bowman: The FOMC should have remained on hold as early as December

Wallstreetcn
2025.01.09 19:12

Federal Reserve Governor Bowman: The risk to price stability is more severe than that to the labor market.

I tend to remain cautious in adjusting the FOMC's policy interest rate and take gradual actions.

Core inflation remains elevated, with upward risks observed.

I should have supported the Federal Reserve's inaction as early as December.

The Federal Reserve's monetary policy may not be as restrictive as others believe.

(Federal Reserve officials) should exercise restraint in anticipating the policies that President-elect Trump may implement in the future

Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.