Fed's Bowman: I continue to expect we will need to raise Fed funds further

<ul><li>Fed funds rate currently appears restrictive, financial conditions have tightened since Sept</li><li>Some tightening is due to long end, which can be volatile</li><li>Don't yet know effects of tightened financial conditions on economic activity</li><li>I remain willing to support raising policy rate at future meeting</li><li>Inflation remains high</li><li>Labor market supply and demand may be coming into better balance</li></ul><p>The hawks are out today.</p>

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