Current Date: 22 Feb, 2024

Federal Reserve governor Bowman said her hawkish stance has "evolved" (less hawkish)

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.

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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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Excellence Chukwuma Chukwunaedu

Excellence Chukwuma Chukwunaedu

I enjoy marketing, technology and business. I help businesses and brands connect with their ideal customer profiles and build products that excite them and solve their problems.