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Fed Vice Chair Bowman: No Urgent Need for Further Rate Action
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Federal Reserve Vice Chair for Supervision Michelle Bowman said there is no urgent need for further interest-rate action following the Fed's September hike, in a conversation with the Atlantic Council's Josh Lipsky. Bowman also discussed the future of artificial intelligence in banking, changes to banking regulation, and the Fed's push to finalize Basel III by the end of the year. The discussion was published as part of the Atlantic Council's AC Front Page Podcast, which features conversations with senior officials and global decision makers on policy debates. No specific rate path, regulatory timeline, or AI policy details beyond these remarks were provided in the source text.
Source report
Federal Reserve Vice Chair for Supervision Michelle Bowman says there is no urgent need for further action on interest rates following the Fed’s September hike.
In a conversation with the Atlantic Council’s Josh Lipsky, Bowman also weighed in on the future of artificial intelligence in banking, changes to banking regulation, and the Fed’s push to finalize Basel III by the end of the year.
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Related Experts: Michelle W. Bowman, Josh Lipsky
Image: A view shows the Federal Reserve building on the day it is scheduled to release minutes of the Federal Open Market Committee from August 1, 2012, in Washington, August 22, 2012. REUTERS/Larry Downing (UNITED STATES — Tags: BUSINESS)
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Fed's Bowman Says No Urgent Need for Further Rate Action After September Hike