⚠️BREAKING: *U.S. STOCKS SLUMP AS HAWKISH FED FEARS GROW, S&P 500 ON TRACK FOR 3RD NEGATIVE WEEK IN A ROW $DIA $SPY $QQQ 🇺🇸🇺🇸
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"I think there's a long way to go before we reach our 2% inflation objective and I think we'll have to continue to raise the federal funds rate until we see a lot more progress on that," Bowman said at a banking conference in Nashville, Tenn., on Friday.said he wouldn't rule out supporting a half-percentage point rate increase at the March meeting. Many market watchers have been betting on a quarter of a percentage point increase.
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