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 Balancing Act: Oil Market Weighs China Concerns Against OPEC+ Cuts and Geopolitical Risks READ MORE Currency Watch: Dollar Rises, Eyes Set on Upcoming U.S. Inflation Insights READ MORE LA's Housing Crisis: 97% of Residents Priced Out of Homeownership READ MORE High Inflation Drives Mortgage Rates Above 7% READ MORE Mortgage Rate Decline Prompts Spike in Refinancing Applications READ MORE Add a Comment Cancel replyYour email address will not be published.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