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Federal Reserve Governor Bowman: There will be a need in the future to adjust policy at a faster pace and with greater force.

4 hours ago

On September 27th, Federal Reserve Governor Bowman stated in a discussion regarding monetary policy decision-making approaches: If the current conditions continue, it will be necessary in the future to adjust policies at a faster pace and with a greater magnitude. He strongly advocates that the Fed only holds Treasuries. The Fed's FOMC should now take decisive and proactive actions to address the weakening labor market dynamics and emerging signs of fragility, and it is appropriate to ignore the one-time impact of tariffs. (Oriental Fortune Network)
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