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The Federal Reserve Board of Governors Bowman: May need to accelerate policy adjustments to support holding only government bonds.
On September 27, during a dialogue about monetary policy decision-making methods, Federal Reserve Board Governor Bowman stated: If these conditions persist, it will be necessary to adjust policies at a faster pace and with greater force in the future. Strongly supports the Fed holding only government bonds. The Fed's FOMC should now take decisive and proactive action to address the weakening vitality of the labor market and emerging signs of fragility, and it is appropriate to disregard the one-time impact of tariffs.