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One More And Done?
On December 6, during remarks for an event hosted by the Missouri Bankers Association, Michelle Bowman advised caution on additional rate cuts.
"I continue to see greater risks to the price stability side of our mandate," she told the audience, noting that despite rising back near a cycle high in the last BLS release, the jobless rate in the US is still indicative of something very close to full employment.
That wasn't all she said. Bowman also questioned the contention, popular among some of
I moved to MO (aka, MO’ worse, not MO’ better) in 2009. In all that time this quote from a public official may, in fact, be the first smartish notion I’ve heard from anyone in public office in this state. I wasn’t in the state 30 years ago when this same group hired me for a project and ask me to speak about it. I wasn’t an official, of course. (I’ve taken this person’s name for future reference, btw. She’s a very rare bird in this very red place.)