The Federal Reserve will likely need to raise interest rates even higher to bring inflation down to tolerable levels, Fed Gov. Michelle Bowman said Saturday.
Speaking at a meeting of the Kansas Bankers Association in Colorado, Bowman — a former Kansas banking regulator — said she expects “that additional rate increases will likely be needed to get inflation on a path down to the [Federal Open Market Committee]’s 2% target.
Bowman said she supported that hike, which came after a pause in June, and that she wants to see more signs that the recent drop in inflation is sustained. Bowman reiterated that “monetary policy is not on a preset course,” and said upcoming decisions will be driven by data.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fed's Bowman says more US rate hikes likely will be neededThe U.S. Federal Reserve will likely need to raise interest rates further to bring down inflation, Governor Michelle Bowman said on Saturday.
Consulte Mais informação »
Fed’s Bowman suggests further interest-rate hikes if US inflation improves“US Federal Reserve will likely need to raise interest rates further to bring down inflation,” Per Federal Reserve (Fed) Governor Michelle Bowman’s re
Consulte Mais informação »
America’s Truckers, Cargo Pilots and Package Carriers Are Fed UpTransportation workers and their unions are engaging in more standoffs with their employers, impacting deliveries around the country
Consulte Mais informação »
Research finds three baby stars fed by spiral arms of gasA study observes a triple protostar system with spiral arms of gas that feed material to baby stars and finds a new mechanism for multiple star formation.
Consulte Mais informação »