News list for " expressed support on Thursday for the previous rate cut"

Federal Reserve Governor Bowman: Support for the December rate cut as the "last step" in policy readjustment

Bowman, the Fed governor, said on Thursday that she supported last month's rate cut as the "last step" in the Fed's monetary policy adjustment and that caution was needed in the future because of rising inflation risks. "We should also avoid prejudging the future policy of the new administration," Bowman said in remarks to the California Bankers Association.

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2025-01-09 20:40:09