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Fed Governor Michelle Bowman urges caution on rate cuts due to high inflation and strong economy.
Federal Reserve Governor Michelle Bowman has called for caution in reducing interest rates, citing concerns over inflation risks and the complexity of interpreting recent labor market data.
Bowman highlighted that the economy remains robust, with core inflation above the Fed's target and unemployment low.
She also discussed the need to reassess banking regulations to combat check fraud, especially affecting smaller banks.
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La gobernadora de la Fed, Michelle Bowman, pide cautela en los recortes de tasas debido a la alta inflación y la fuerte economía.