Fed's Bowman says she needs more confidence on inflation given AI, energy risks
TLT•Michele Bowman said she expects inflation to cool next year if price pressures from the AI buildout and Middle East conflict recede, but needs to see those risks abate before feeling confident.
1. Inflation risks remain
Federal Reserve Vice Chair of Supervision Michele Bowman said she expects inflation to cool next year if price pressures from the AI buildout and the Middle East conflict recede. She said she would need to see those risks abate before feeling confident in that outlook, and that she is shifting her focus to inflation as labor-market conditions have stabilized since last fall.
