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Fed's Bowman Says She Will Stay 'Cautious' on Monetary Policy

Federal Reserve Governor Michelle Bowman on Tuesday signaled she is in no rush to cut U.S. interest rates, particularly given upside risks to inflation that could stall progress or even cause price pressures to resurge.


 

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Fed Minutes Show Officials Agreed on Restrictive Stance
Federal Reserve participants "viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes of the Dec. 12-13 Federal Open Market Committee meeting. Kailey Leinz reports.
Jan 03, 2024

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