FED_SPEECH · May 1, 2026 · 12:00 ET
Fed Speech · Bowman
Released
Fed Speech · Bowman is scheduled for May 1, 2026 at 12:00 ET. The actual figure appears here after the official release.
About this release
Fed governors and regional presidents speak at conferences and testimony. Because policy runs on expectations, these remarks are the committee’s expectation-management channel between meetings.
Between meetings, Fed officials steer expectations through speeches — the chair and voting members can move markets mid-sentence.
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What the statement says
Neutral: Bowman's speech focuses on supervisory adjustments for AI, with no monetary policy stance
- The Fed, together with the OCC and FDIC, amended model risk management guidance (SR Letter 26-2) to explicitly exclude generative and agentic AI, applying it narrowly to traditional models and basic AI applications.
- Supervisors are updating and simplifying third-party risk-management guidance because it has been 'vague in its scope and application' for too long.
- Bowman highlights Anthropic's Mythos AI model as accelerating cyber vulnerability detection—beneficial when used defensively but risky if deployed maliciously—and notes supervisors are assessing effective supervisory approaches for such tools.
- As Chair of the FSB's Standing Committee on Supervisory and Regulatory Cooperation, Bowman is leading work to publish a report on sound AI adoption practices, with a consultation draft expected in Q3.
- The speech makes no reference to interest rates, inflation, balance sheet policy, or FOMC decisions; all content is confined to prudential supervision and governance of emerging technology.
AI-generated summary of the official text. The official statement is authoritative. Not investment advice.
Figures as published by the official source, which is authoritative. Not investment advice.