Bowman: Outlook for the Economy and Monetary Policy | Crypto Craft

  • Bowman: Outlook for the Economy and Monetary Policy

    From federalreserve.gov

    Good morning and thank you for the invitation to join you today.1 It is a pleasure to be with you here in Boston at the New England Economic Forum to share my outlook on the economy and monetary policy, and I would like to thank Kathleen Murphy, the CEO of the Massachusetts Bankers Association, for inviting me to speak at your first economic forum. I am also grateful for the kind introduction from Susan Collins. I greatly value her perspective, and I appreciate the opportunity to work closely with her as president of the Federal Reserve Bank of Boston and as a fellow member of the Federal Open Market Committee ... (full story)

Added at 10:02am

  • Fed's Bowman: Should be ready to cut rates again amid job market risks

    From investinglive.com

    Comments from the Fed Governor. We haven't heard much from Bowman since she was ruled out as a candidate for Fed Chair. • U.S. economy has been resilient • Wage growth consistent with 2% inflation • Fed has made considerable progress in lowering inflation • Underlying inflation levels closer to Fed's 2% target • Says she is concerned about labor market fragility • Firms may start shedding workers unless there is demand improvement • Expects 'solid' growth, lower inflation and stabilizing job market • Given risks, Fed policy should be focused on supporting job market • Fed policymaking should be ... (full story)

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