FOMC Member Bowman Scheduled to Speak Twice This Week
Federal Reserve Board Governor Michelle Bowman will deliver remarks on Wednesday morning and Thursday late morning, potentially offering insights into current monetary policy direction.
Summary
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Terms & Concepts
FOMC (Federal Open Market Committee): The committee within the U.S. Federal Reserve that sets monetary policy, including interest rates and asset purchases.
Federal Reserve (U.S. central bank): The central banking system of the United States, responsible for managing monetary policy and financial stability.
Monetary policy: Economic actions taken by a central bank to control money supply, interest rates, and inflation.