Interest rate

Ahead of June 2026 FOMC Meeting, Bowman Signals the Fed May Not Need to Change Interest Rates Yet

REYKJAVIK, Jakartaweekly.com — Federal Reserve Vice Chair for Supervision Michelle W. Bowman indicated that the U.S. central bank may still have room to keep its benchmark interest rate unchanged ahead of the next Federal Open Market Committee (FOMC) meeting in mid-June 2026. Speaking at the Reykjavík Economic Conference 2026 in Iceland on Friday (May 29, […]

2 months ago

Ahead of June 2026 FOMC Meeting, Bowman Signals the Fed May Not Need to Change Interest Rates Yet

Fed Official Signals Possible Interest Rate Hike as US Inflation Remains High

CALIFORNIA, Jakartaweekly.com —Amid persistently high inflation in the United States, member Board of Governors of the Federal Reserve Lisa D. Cook said interest rates could still rise, with policymakers awaiting new economic data set to be released in the near future. Cook delivered the remarks during a speech at the Stanford Institute for Economic Policy […]

2 months ago

Fed Official Signals Possible Interest Rate Hike as US Inflation Remains High

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