Fed’s Bowman: Rate hike needed amid inflation, solid growth

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<p>Fed Governor Michelle Bowman emphasized her ongoing concerns about inflationary pressures, underscoring the need for sustained vigilance. Speaking on Saturday, she reiterated that, despite notable progress in curbing inflation, the levels remain worryingly high. She highlighted the necessity for further rate hikes, stating, “it will likely be appropriate for the Committee to raise rates further […]</p>
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