Fed Governor Bowman Expresses Willingness to Increase Interest Rates
Friday, 3 May 2024, 13:45
Fed Governor Bowman on Interest Rates
Fed Governor Michelle Bowman stated that she is open to raising the federal funds rate based on incoming economic data. Addressing concerns of inflation stalling or reversing, Bowman's willingness to take action reflects the Federal Reserve's focus on maintaining economic stability.
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