Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
- Posted on September 20, 2024
- By AOL
- 1 Views
Fed dissenter Bowman preferred smaller rate cut because 'we have not yet achieved our inflation goal'
Fed governor Michelle Bowman issued a statement Friday explaining her dissent to this week's jumbo rate cut, saying she wanted a smaller first move because inflation is not yet vanquished.
