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Fed’s Bowman Sees No Urgency for Further Rate Action

Federal Reserve Vice Chair for Supervision Michelle Bowman said inflation remains above the central bank’s goal but “we have some time to wait and see how financial conditions and the economy evolves.”

Original · Bloomberg AI summary of public reporting

Why: No urgency for rate cuts → supports risk assets

SP500

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At publication → Current
SP5007,816 → 7,785−0.4%
para:10Y— → ——
para:2Y— → ——
Fed’s Bowman Sees No Urgency for Further Rate Action | SignalHub