- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Fed governor Bowman favors July rate cut if inflation data is positive
Posted on 6/23/25 at 9:31 am
Posted on 6/23/25 at 9:31 am
quote:CNBC
Federal Reserve Governor Michelle Bowman said Monday that she would favor an interest rate cut at the next policy meeting in July so long as inflation pressures stay muted.
In remarks for a speech in Prague, Bowman became the second central banker in recent days to suggest that President Donald Trump’s tariffs are likely to have a temporary and muted impact on prices, thus paving the way for lower rates.
“Should inflation pressures remain contained, I would support lowering the policy rate as soon as our next meeting in order to bring it closer to its neutral setting and to sustain a healthy labor market,” she said in prepared remarks. “In the meantime, I will continue to carefully monitor economic conditions as the Administration’s policies, the economy, and financial markets continue to evolve.”
Bowman’s comments are similar to those from fellow Governor Christopher Waller, who told CNBC on Friday that he also thinks the Fed could consider cutting in July.
4
Posted on 6/23/25 at 9:37 am to bigjoe1
I really wish people would define the terms they use. I don’t have an issue with her statement in a vacuum, but what does “remain contained” mean? The wiggle language is annoying.
Posted on 6/23/25 at 9:44 am to bigjoe1
quote:
In remarks for a speech in Prague, Bowman became the second central banker in recent days to suggest that President Donald Trump’s tariffs are likely to have a temporary and muted impact on prices,
According to them though, the tariffs were supposed to bring inflation roaring back already.
If she is expecting the reduction in inflation to be "temporary and muted", that means she is expecting inflation to return. Why would she be in favor of cutting rates if she's expecting inflation to return anyway? Politics? Just spewing crap to avoid saying she doesn't know what to think? Something else?
You raise or hold rates if you expect inflation to rise, you cut rates if you expect inflation to go too low.
Posted on 6/23/25 at 9:44 am to Joshjrn
quote:
I really wish people would define the terms they use.
Like "recession"?
Posted on 6/23/25 at 9:46 am to bigjoe1
quote:
at the next policy meeting in July
Of course my variable rate for Q3 gets established based on the prime rate as of July 1st
Posted on 6/23/25 at 9:51 am to bigjoe1
The pressure is mounting on Jerome to stop playing politics as Fed Govs jockey for his job
Posted on 6/23/25 at 9:51 am to Joshjrn
Might be a real chance at a cut. I checked and both she and Waller are on the FOMC.
Posted on 6/23/25 at 9:59 am to Bard
quote:
According to them though, the tariffs were supposed to bring inflation roaring back already.
I’ll admit. Between tariffs being rolled out, paused, enforced, paused again, negotiated, 200 deals being done, no deals being announced, pauses being extended…I don’t know if tariffs have ever really even been put into effect at this point.
And I also don’t think you see “inflation” due to tariffs. It’s taxes passed onto the consumer and not technically inflation.
Posted on 6/23/25 at 10:10 am to Bard
quote:
According to them though, the tariffs were supposed to bring inflation roaring back already.
What tariffs?
Posted on 6/23/25 at 10:17 am to Bard
quote:
Like "recession"?
That’s in a second category, along with “inflation”: the problem isn’t that they won’t define it; the problem is that they keep redefining it
Posted on 6/23/25 at 10:26 am to SDVTiger
quote:
The pressure is mounting on Jerome to stop playing politics as Fed Govs jockey for his job
Donald isn’t going to reappoint him regardless, and it doesn’t appear as though he can actually fire him, so I doubt Powell cares all that much.
Posted on 6/23/25 at 10:41 am to Suntiger
quote:
I’ll admit. Between tariffs being rolled out, paused, enforced, paused again, negotiated, 200 deals being done, no deals being announced, pauses being extended…I don’t know if tariffs have ever really even been put into effect at this point.
At this point, the value of the tariffs are secondary to potential supply issues. IMO, we are just now starting to get into the window where supply shortages should start to manifest, if they do at all. You've seen this yo-yoing in shipping. May container numbers were down YoY by 5-8%, but you might see increases in June YoY as companies tried to get more stuff in here after the pause was announced but before anything else is set in stone.
It seems about 50/50 on whether my suppliers will even quote anything right now. I can get numbers on partial containers or small orders from Asia, but I can't get anyone to give me numbers on my big, multi-container loads. To supplement that, I am buying domestically at 40% higher for a vastly inferior product.
This post was edited on 6/23/25 at 10:42 am
Posted on 6/23/25 at 10:45 am to Joshjrn
quote:
Donald isn’t going to reappoint him regardless, and it doesn’t appear as though he can actually fire him, so I doubt Powell cares all that much.
Guess we will find out in the next few months. But we know he cares very much and why hes not cutting
Posted on 6/23/25 at 10:52 am to SDVTiger
quote:
The pressure is mounting on Jerome to stop playing politics as Fed Govs jockey for his job
This. "We're data dependent, we want to see the data!" [10 months later] "Just because there's no inflation, doesn't mean there won't be in the future!"
Posted on 6/23/25 at 11:32 am to SDVTiger
quote:
Guess we will find out in the next few months. But we know he cares very much and why hes not cutting
In spite on Donald's crying over the subject, asking for a rate cut of "at least 2%" when the rate of inflation is still slightly above the Fed's target rate is silly, and Powell not acquiescing likely isn't personal or political, in my opinion.
Posted on 6/23/25 at 1:33 pm to Joshjrn
quote:
In spite on Donald's crying over the subject
Ah the TDS. He has every reason to "cry"
Its been below or at target for months now. Tariffs are not inflationary. Jerome said so himself that changed his mind. Kinda like inflation was tarnsitory then it wasnt
quote:
Powell not acquiescing likely isn't personal or political, in my opinion.
Yeah you are not very bright and everyone knows its personal and political
Posted on 6/23/25 at 2:46 pm to SDVTiger
quote:
Ah the TDS. He has every reason to "cry"
It's TDS to note that Donald is crying about it when even you concede he's crying about it?
quote:
Its been below or at target for months now. Tariffs are not inflationary. Jerome said so himself that changed his mind. Kinda like inflation was tarnsitory then it wasnt
It hasn't been at or below target according to the metrics that the Fed uses. You can not like those metrics, but you can't accuse them of being political because they are doing what they should do based on the metrics they use.
quote:
Yeah you are not very bright and everyone knows its personal and political
Your rampant spelling and grammar errors are adorable, as always.
Posted on 6/23/25 at 4:07 pm to Joshjrn
quote:
It's TDS to note that Donald is crying about it when even you concede he's crying about it?
Anything he says you claim hes crying. You have severe TDS
quote:
It hasn't been at or below target according to the metrics that the Fed uses
ah yes the reliable BLS data quote:
Your rampant spelling and grammar errors are adorable, as always.
Your ability to be wrong about everything combined with your severe TDS is cute. Sad but cute
Posted on 6/23/25 at 4:22 pm to SDVTiger
I remember when you said I had TDS for saying that I thought it was likely that Donald would browbeat the Fed about lowering interest rates and would continue blowing out the deficit. As best as I can tell, your definition of TDS is “acknowledges objective reality”
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News