Fed's Bowman said December rate cut was 'last step' in 'policy recalibration'
- Posted on January 9, 2025
- By AOL
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Fed's Bowman said December rate cut was 'last step' in 'policy recalibration'
Fed governor Michelle Bowman said she supported a December rate cut as the 'last step' in the central bank's 'policy recalibration,' becoming the latest Fed official to urge caution about the path forward for monetary policy.