A post by @FirstSquawk on X.
FED'S BOWMAN SAYS THE LABOR MARKET HAS IMPROVED, IS NOT TIGHT AND IS NOT ADDING TO INFLATION
@FirstSquawk on X
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Fed Governor Michelle Bowman said the labor market has improved and is neither tight nor contributing to inflation, signaling a more benign view on employment-driven price pressures. The remark matters because it shapes expectations for how long the Federal Reserve can hold rates steady or when it might begin easing. Traders will watch upcoming payrolls and inflation data, along with other Fed speakers, for confirmation of whether Bowman’s assessment gains broader support on the policy committee.
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Named in this story
Federal Reserve, Michelle Bowman