Michelle Bowman: “We need to look at a less dynamic labor market”

Retailers seem unwilling to raise prices on essential consumer items

The proposal will help to build resilience in U.S. Treasury markets, reducing the likelihood of market dysfunction and the need for the Federal Reserve to intervene in a future stress event.

The economy remains strong, with solid growth in economic activity and a labor market near full employment.

I would support lowering the policy rate as soon as our next meeting