Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Fed Governor Bowman says December interest rate cut should be the last
Economy

Fed Governor Bowman says December interest rate cut should be the last

Last updated: January 9, 2025 11:26 am
Share
Fed Governor Bowman says December interest rate cut should be the last
SHARE

Federal Reserve Governor Michelle Bowman recently expressed her support for the recent interest rate cuts but emphasized that she does not see the need for further cuts in the near future. Speaking at a gathering of bankers in California, Bowman discussed her concerns about inflation exceeding the Fed’s 2% target and indicated that she believes the quarter percentage point reduction in December should be the final adjustment for the current policy cycle.

Bowman stated that she backed the December policy action because she viewed it as the last step in the Fed’s policy recalibration phase. She noted that the current policy rate is approaching a “neutral” level that neither stimulates nor restrains economic growth. Despite the progress made, Bowman highlighted the presence of “upside risks to inflation,” with the Fed’s preferred inflation gauge showing a rate of 2.4% in November and 2.8% when excluding food and energy.

The Federal Open Market Committee (FOMC) recently released minutes from its December meeting, revealing that other members shared concerns about inflation levels. However, most members expressed confidence that inflation would gradually move back towards the 2% target by 2027. The Fed had previously reduced its key borrowing rate by a full percentage point from September through December.

While Bowman’s stance on interest rates differs from some of her colleagues, such as Governor Christopher Waller, who advocates for further rate reductions, she remains a permanent voter on the FOMC and will play a key role in shaping monetary policy decisions this year. There is speculation that Bowman may be appointed as the vice chair of supervision for the banking industry under the incoming administration.

See also  Nicotine Pouches Poisoning Children at an Alarming Rate in The US : ScienceAlert

In light of uncertainties surrounding the economic impact of potential policy changes under the new administration, Bowman urged caution and advised against preemptively anticipating the actions of President-elect Donald Trump. She highlighted the importance of maintaining a cautious and gradual approach to adjusting monetary policy, citing concerns about the potential negative effects of loosening policy too aggressively.

Overall, Bowman’s remarks underscore the complexities and considerations involved in setting monetary policy, particularly in a changing economic and political landscape. As the Fed navigates these challenges, the balance between supporting economic growth and managing inflation will continue to be a key focus for policymakers.

TAGGED:BowmancutDecemberFedGovernorinterestrate
Share This Article
Twitter Email Copy Link Print
Previous Article Staples Adds Single-Use Batteries and Schools Supplies Recycling Services Staples Adds Single-Use Batteries and Schools Supplies Recycling Services
Next Article Deal of the Day: Save 8% on Sheet Music Deal of the Day: Save 8% on Sheet Music
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

For adult chimps, playing may be more important than previously thought

Adult chimpanzees are known for their playful nature, and a recent study has shed light…

November 25, 2024

Only About Half Of Republicans Say Trump Has Focused On The Right Priorities, AP-NORC Poll Finds

A recent poll conducted by The Associated Press-NORC Center for Public Affairs Research revealed that…

April 28, 2025

How a study in the Stockholm subway could help prevent violent crime

The Surprising Solution to Interpersonal Violence: Lessons from Stockholm's Subway System Nearly half a million…

May 30, 2025

Trump To Shut Down The Government And Raise Prescription Drug Prices 100% On The Same Day

The electorate, particularly those hesitant yet hopeful voters who opted for Donald Trump in the…

September 27, 2025

From Disney Darling to Blushing Bride: Selena Gomez Wows Fans in Floral-Neckline Wedding Dress and Diamond Sparkle

Sept. 28 2025, Published 1:00 p.m. ET Selena Gomez and Benny Blanco have officially made…

September 28, 2025

You Might Also Like

When Godzilla Breaks Windows
Economy

When Godzilla Breaks Windows

October 10, 2025
Peter Schiff Describes Bitcoin’s Jump Over 6,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’
Economy

Peter Schiff Describes Bitcoin’s Jump Over $126,000 As ‘Bear Market Rally’: ‘Too Early For Bitcoiners To Get Excited…’

October 10, 2025
Veteran analyst drops sharp take on GTA 6 hype
Economy

Veteran analyst drops sharp take on GTA 6 hype

October 10, 2025
Nvidia’s Jensen Huang Says AI Demand Is Up ‘Substantially’ This Year, and Still Growing
Economy

Nvidia’s Jensen Huang Says AI Demand Is Up ‘Substantially’ This Year, and Still Growing

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?