Search For "michelle w bowman"
Large American banks pass Fed's annual stress tests
Updated : 10 months, 4 weeks ago IST
The Federal Reserve's annual bank stress test showed that large American banks are well-positioned to weather a severe recession, while staying above minimum capital requirements and continuing to lend to households and businesses.
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More interest rate hike "likely be needed" to lower inflation: Fed Governo
Updated : 2 years, 9 months ago IST
US Federal Reserve Governor Michelle W Bowman has said an additional interest rate increase will likely be needed to get inflation on a path down to its 2 per cent target.
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"Sizable increase" in interest rates on table if inflation remains elevate
Updated : 3 years, 7 months ago IST
New York [US], October 13 (ANI): The US Federal Reserve Governor Michelle W. Bowman said that "sizable increase" in the key interest rate would remain on the table if inflation continues to remain on the higher side.
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US Fed Governor Bowman says another "similarly-sized" rate hike needed to
Updated : 3 years, 9 months ago IST
Colorado [US], August 8 (ANI): The US Federal Reserve Governor Michelle W. Bowman said another "similarly-sized" - 75 basis points -- increase in key interest rates should be on the table until the economy sees inflation declining in a "consistent, meaningful, and lasting way".
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