Fed is ‘not yet at that point’ of lowering interest rates, Bowman says
The Federal Reserve is not yet at the point where it can start gradually lowering interest rates, Federal Reserve governor Michelle Bowman said on Friday.
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Michelle Bowman was the first Federal Reserve governor to dissent from an interest-rate decision since 2005.
Micron shares have shed most of their 2024 gains, but memory pricing could improve in the coming months, Citi says.
That’s in part because most of his $700 million contract is deferred. Still, his stats this season are worth over...