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 Forbes Explains CBDCs: Understanding the Rise of CBDCs READ MORE Oil Prices Climb as Middle East Tensions Escalate Before OPEC+ Meeting READ MORE A Rare Kennedy Book: Will RFK Jr. Sign It at Limitless? READ MORE Goldman Sachs: Rising Unemployment Not a Recession Signal READ MORE Fed Rate Cut Hopes Dampened by Persistent Inflation and Strong Job Growth READ MORE Add a Comment Cancel replyYour email address will not be published.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