According to BlockBeats, Federal Reserve Governor Michelle Bowman stated on Thursday that the U.S. economy remains robust, with recent data indicating a decline in inflation last month. Despite acknowledging investor concerns over U.S. President Donald Trump's trade policies potentially harming the economy and causing recent financial market volatility, Bowman refrained from commenting on how tariffs might affect inflation or the labor market.
During a hearing reviewing her nomination for Vice Chair of Supervision at the Federal Reserve, Bowman remarked, "We are observing and waiting to see how these policy paths continue to evolve, and we will understand their economic impact." She added, "It is currently unclear because we do not know what the economic policies will look like."