Federal Reserve Governor Bowman: Still willing to raise interest rates at future meetings

2024-05-03 21:54:08
Collection

ChainCatcher message, Federal Reserve Governor Bowman stated that the basic view remains that inflation will decline further, with policy rates staying stable. If data shows stagnation or reversal in inflation progress, there is still a willingness to raise rates in future meetings. The outlook faces many upside risks to inflation, and data will continue to be closely monitored to assess appropriate monetary policy. The Federal Reserve's monetary policy stance appears to be tightening, and it is unclear whether further supply-side improvements will continue to lower inflation.

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