Bowman Sings a Contrary Tune on Rate Cuts, Analysts Say Her Vote Could Be Crucial in the Future

Odaily News Analyst Adam Button stated: "It was thought that Bowman might revert to a hawkish stance after failing in her bid for the Fed Chair position, but she has held her ground. Her view on 'moderately restrictive' policy diverges from the consensus of most Fed members, as the vast majority believe current policy is either in a neutral range or very close to it. Over time, her voice will become highly significant to watch, as closely contested votes may arise in the future, and she could easily swing back to a hawkish stance if prices rebound again." (Jin10)