Federal Reserve Governor Michelle Bowman stated she doesn’t see fee cuts as applicable “in the immediate future” as she repeated that the central financial institution’s benchmark lending fee is in a superb place to maintain downward strain on inflation. She spoke Monday throughout a question-and-answer session following a speech in San Antonio to the American Bankers Association.
——–
Follow Bloomberg for enterprise information & evaluation, up-to-the-minute market knowledge, options, profiles and extra: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/