A post by @FirstSquawk on X.
FED’S BOWMAN SAYS SHE IS SHIFTING HER FOCUS TO INFLATION, AND THAT SHE WOULD NEED TO SEE AI AND MIDDLE EAST RISKS ABATE BEFORE SHE COULD BE CONFIDENT INFLATION WILL COME DOWN NEXT YEAR
@FirstSquawk on X
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Federal Reserve Governor Michelle Bowman said she is shifting her focus back to inflation and would need to see risks related to AI and the Middle East abate before she could be confident inflation will decline next year. The remarks signal that geopolitical and technology-driven uncertainties remain central to the Fed's policy outlook. Bowman's conditionality suggests the path to lower inflation is not assured and that the central bank may keep policy restrictive for longer. Traders will watch incoming inflation data and developments in AI investment and Middle East tensions for clues on the timing of any easing.
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Named in this story
Michelle Bowman, Federal Reserve, Middle East, AI