Bauman is going against the grain by calling for interest rate cuts; analysts say his vote could be the deciding factor
Svmuu News: Analyst Adam Button said, “I had expected Bowman to return to a hawkish stance after losing the race for Federal Reserve chair, but she has held her ground.Her view on ‘moderately restrictive’ policy diverges from the consensus among most Federal Reserve members, as the vast majority believe current policy is either in the neutral range or very close to it.Over time, her voice will become very noteworthy, as there may be close votes in the future, and if prices rise again, she could easily swing back to a hawkish stance.” (Jin Shi)
Source:Odaily · Source Link
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