Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...
Despite the progress that has been made, there are "upside risks to inflation," Bowman added. The Fed's preferred inflation ...
Now that the Fed has cut rates by a full percentage point since last September, the level of those rates is closer to Bowman's estimate of neutral — a reference to the level that is intended to ...
Inflation was a top concern for central bank leaders in 2024. Donald Trump could make the fight against higher prices even ...
In a speech on Thursday, Fed Gov. Michelle Bowman said she was "optimistic" that the change in administration will open the door for a more collaborative dynamic between banks and the agencies that ...
President-elect Donald Trump’s advisers are considering how they will reshape the leadership of the Federal Reserve including elevating Fed Governor Michelle Bowman to be the central bank’s ...
With the Federal Reserve touting a slower pace of easing, markets are expecting a longer pause. But Gov. Christopher Waller said the next interest rate reduction could come as soon as March because of ...
What helps Bowman's chances, according to analysts, is that there currently is no empty seat on the Fed's board of governors for Trump to fill with an outsider. Barr said he will remain as a Fed ...