Fed's Bowman says she does not take a dissenting vote on policy lightly

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Fed's Bowman says she does not take a dissenting vote on policy lightly

• Fed still has not achieved its 2% inflation target
• Economic conditions are very strong
• The Fed has made progress in lowering inflation and cooling the labor market.
• Unemployment rate still well-below 'full employment' level
• Core inflation 'uncomfortably' above target
• Upside risks to inflation remain prominent
• Lowering policy rate too quickly could ignite inflation
• Inflation data next week will help made decision on rates

Bowman is a hawk so it wouldn't be a surprise to see her dissent this month if the Fed cuts.

                This article was written by Adam Button at www.forexlive.com.

Source: Fed's Bowman says she does not take a dissenting vote on policy lightly

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