Bowman less hawkish, sees the possibility of inflation coming down without further hikes. Federal Reserve Governor Bowman spoke earlier at the South Carolina Bankers Association 2024 Community Bankers Conference.
Dow Jones media (in this case Market Watch) have a recap posted, summarising the shift to less hawkish from Bowman:
- In speeches last summer through late November, Bowman had said that she expected another rate hike would be needed.
- on Monday said her hawkish stance on monetary policy has "evolved," and she now sees the chance that inflation could continue to come down without further interest-rate hikes
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