Fed's Bowman says there's time to 'wait and see' before any more action

By Reuters News

BANGKOK, Oct 14 (Reuters) - The US Federal Reserve has time to wait and see how financial markets and the economy evolve after the last rate hike before deciding to take any more action, its vice chair for supervision Michelle Bowman said on Wednesday.

"I don't feel any urgency for taking further action at this point, we really need to take some time and understand how things will evolve," Bowman said during the IMF-World Bank meetings in Bangkok.

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