Fed’s Bowman Says Inflation Above Goal, But No Urgency to Act

By WSJ Archiver October 14, 2026 · Edited October 14, 2026

A facts-only brief, written by a local AI model from this article in The Wall Street Journal, October 14, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.

Federal Reserve Vice Chair Michelle Bowman stated on Wednesday that although price growth remains above the central bank’s target, she sees no immediate pressure to implement additional monetary measures. Speaking at the IIF Annual Membership Summit in Bangkok, she indicated that the Fed can monitor evolving financial conditions before committing to further policy changes. Bowman also criticized certain post-2008 regulatory rules, arguing they have displaced activity from the financial system and hindered economic expansion. She advocated for a forward-looking supervisory approach that incorporates artificial intelligence to manage cybersecurity threats and improve fraud detection capabilities.

Background

Another senior Fed leader recently suggested that policymakers should pause to assess economic data before considering further interest rate increases.
The head of the New York Fed recently expressed a similar lack of urgency following the September rate hike, while acknowledging the possibility of one additional increase later this year.
Bowman asserted that capital requirements and other regulations introduced after the 2008 crisis have limited growth by pushing financial activity outside the traditional banking sector.
The vice chair noted that the rapid construction of data centers for AI models raises questions about how these projects are financed and whether sufficient capital is available.

Read the full article at wsj.com

More from Wednesday, October 14:

by WSJ Archiver Oct 14, 2026