Fed's Bowman Urges Caution: Inflation Risks Persist, Rate Cuts Premature Federal Reserve Governor Michelle Bowman cautioned against premature interest rate cuts, citing potential upside risks to inflation. She emphasized the need to maintain current rates due to economic uncertainties, particularly highlighting concerns about immigration policies’ impact on the labor market and rental prices. Bowman stressed that current conditions do not warrant a reduction in policy rates and expressed openness to further rate increases if inflation progress stalls or reverses. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Fed Governor Waller Seeks Extended Inflation Improvement Before Cutting Rates READ MORE Mortgage Rates Hit Lowest Level in Over a Year READ MORE UAE Halts Operations at 32 Gold Refineries to Combat Money Laundering READ MORE Elite Hedge Fund's GameStop Bet Nets Millions Amid Meme Stock 400% Surge READ MORE Gold Prices Tick Higher in Anticipation of Influential U.S. Inflation Data READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment