Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes

Inflation successful the U.S. has remained persistent, experiencing increases successful the archetypal 2 months of 2024, prompting members of the U.S. Federal Reserve to workout caution against premature complaint reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating involvement rates, diverging from marketplace anticipations of complaint reductions wrong the year. Bowman’s concerns chiefly […]