Fed’s Bowman Says There’s Time to ‘Wait and See’ Before Any More Action
4 Articles
4 Articles
Fed’s Bowman says there’s time to ‘wait and see’ before any more action
By Selena Li BANGKOK, Oct 14 (Reuters) - The US Federal Reserve has time to wait and see how financial markets and the economy evolve after its September rate rise before deciding whether to take any more action, its Vice Chair for supervision Michel...
There is room to assess economic developments before adopting new monetary policy measures, said Michelle Bowman, vice-president of the Federal Reserve (Fed). Exclusive material for subscribers. To have full access, access the link of the subject and register.
Michelle Bowman, Board Member of the US Federal Reserve (Fed), said the impact of the recent interest rate hike on financial conditions needed to be assessed. Noting that inflation remains above target, Bowman said there is no need to rush into new interest rate decisions.
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