Fed Governor Michelle Bowman says more rate increases will likely be needed to get inflation on a path down to the Fed's target.
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Fed’s Bowman suggests further interest-rate hikes if US inflation improves“US Federal Reserve will likely need to raise interest rates further to bring down inflation,” Per Federal Reserve (Fed) Governor Michelle Bowman’s re
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Federal Reserve Official: More U.S. Rate Hikes Needed to Combat InflationGovernor Michelle Bowman stated that the U.S. Federal Reserve will likely have to increase interest rates in order to reduce inflation, as strong consumer spending, a rebound in the housing market, and a robust labor market contribute to higher prices.
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Fed's Bowman: Additional rate hikes will likely be needed to lower inflation to targetIn remarks prepared for delivery to a 'Fed Listens' event in Atlanta, Federal Reserve (Fed) Governor Michelle Bowman said that additional rate increas
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Fed's Bowman says more interest-rate hikes will likely be neededThe Federal Reserve will likely need to raise interest rates even higher to bring inflation down to tolerable levels, Fed Gov. Michelle Bowman said Saturday.
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