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Bowman: Independence, Predictability, and Tailoring in Banking Regulation and Supervision
I would like to thank the American Bankers Association for the invitation to speak to you today. It is a pleasure to be with you and to have the opportunity to share some of my views on banking regulation and supervision. Of course, as you know, the Federal Open Market Committee (FOMC) recently held its first meeting of the year. So, before getting into the substance of my remarks, I'll provide some brief thoughts on the economic outlook and monetary policy.1 Monetary Policy Let me begin with the FOMC's effort to lower inflation, which continues to be much too high. Stable prices are necessary for a healthy economy ... (full story)
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FED'S BOWMAN: WE ARE STILL FAR FROM ACHIEVING PRICE STABILITY, AND I EXPECT THAT IT WILL BE NECESSARY TO FURTHER TIGHTEN MONETARY POLICY TO BRING INFLATION DOWN TOWARD OUR GOAL.
— Breaking Market News (@financialjuice) February 13, 2023
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Fed's bowman: the economic and inflationary outlooks remain quite uncertain.
— BTBMarkets (@BTBMarkets) February 13, 2023
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FED'S BOWMAN/ABA: WATCHING INCOMING DATA AND ITS 'IMPLICATIONS;' WHILE RISKS TO TIGHTENING THE COSTS 'FAR GRREATER' TO ALLOWING INFLATION TO PERSIST #Bowman #federalreserve
— Mace News (@MaceNewsMacro) February 13, 2023