Federal Reserve Board Governor Michelle Bowman speaking Friday

Bowman speaking very late, but not, it appear, on monetary policy:2315 GMT / 1815 US Eastern time

  • Federal Reserve Board Governor Michelle Bowman speaks on artificial intelligence before the 27th Annual Symposium on Building the Financial System of the 21st Century

Bowman is not as dovish as some of her FOMC colleagues, having dissented at the September 18, 2024 meeting. She opposed the Committee’s decision to lower the target range for the federal funds rate by 50 basis points to 4.75–5%, preferring a smaller 25 basis point reduction to 5–5.25%.

This article was written by Eamonn Sheridan at www.forexlive.com.

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