More interest rate hike "likely be needed" to lower inflation: Fed Governor Bowman

Aug 06, 2023

US Federal Reserve Governor Michelle W Bowman has said an additional interest rate increase will likely be needed to get inflation on a path...

"Sizable increase" in interest rates on table if inflation remains elevated: US Fed's Bowman

Oct 13, 2022

New York [US], October 13 : The US Federal Reserve Governor Michelle W. Bowman said that "sizable increase" in the key interest rate would...

US Fed Governor Bowman says another "similarly-sized" rate hike needed to contain inflation

Aug 08, 2022

Colorado [US], August 8 : The US Federal Reserve Governor Michelle W. Bowman said another "similarly-sized" - 75 basis points -- increase in key...

Expect further interest rate hike needed to bring inflation down: Fed Governor Bowman

Nov 08, 2023

Federal Reserve Governor Michelle Bowman reiterated her view that she expected the central bank will need to increase the interest funds rate further to...

Banking system remains resilient, solid: US Fed governer Michelle Bowman amid crisis

Mar 15, 2023

Last Friday, Silicon Valley Bank was collapsed while on Sunday, Signature Bank too had to be closed.

US Federal Reserve to cut bond purchase

Nov 04, 2021

Washington [US], November 4 : The Federal Reserve on Wednesday (local time) announced to cut bond purchases that supported the economy throughout the COVID-19...