[Federal Reserve's Bowman: No Rush for Further Rate Adjustments] BlockBeats News, October 2, Federal Reserve Vice Chair for Supervision Michelle Bowman stated on Thursday: 'I currently do not see urgency for taking further action.' Bowman mentioned that Federal Reserve officials should take some time to understand current economic trends and the impact of the September rate hike on the economy before deciding whether to further adjust policies. She said: 'Inflation remains above our target. What we need is a better understanding of the trends.'