Fed's Bowman repeats that she expects additional rate increases

<ul><li>Will be looking for evidence that inflation is on a 'consistent and meaningful' downward path in making decisions</li><li>Inflation still significantly above 2% target</li></ul><p>Bowman laid out similar <a href="https://www.forexlive.com/centralbank/feds-bowman-over-the-weekend-additional-rate-hikes-will-be-needed-20230806/" target="_blank" rel="follow">comments </a>on the weekend with the focus being on the plural for rate increases. The market is only pricing in about a 40% chance of a single further rate hike.</p><p>Bowman is consistently hawkish so none of this is a surprise.</p>

This article was written by Adam Button at www.forexlive.com.