US Fed’s Bowman sees no urgency for another rate hike

Economic Times - Oct 14, 2026

Michelle Bowman, the Vice Chair for Supervision of the US Federal Reserve, spoke during the IMF-World Bank meetings in Bangkok. She stated that the central bank does not feel urgency for further rate hikes at this time. Bowman's comments came after a recent rate increase that set the target range to 3.75%-4.00%. Additionally, she addressed the need for stronger oversight in light of recent bank failures.

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