Federal Reserve Governor Bowman spoke earlier at the South Carolina Bankers Association 2024 Community Bankers Conference.
Post is here:
Dow Jones media (in this case Market Watch) have a recap posted, summarising the shift to less hawkish from Bowman:
- In speeches last summer through late November, Bowman had said that she expected another rate hike would be needed.
- on Monday said her hawkish stance on monetary policy has "evolved," and she now sees the chance that inflation could continue to come down without further interest-rate hikes