Federal Reserve Governor Bowman: Willing to support restarting interest rate hikes if inflation stagnates or rebounds

2024-05-18 08:03:31
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ChainCatcher news, Federal Reserve Governor Bowman stated that the progress of labor market rebalancing has slowed, policies are restrictive, and they are monitoring whether it is sufficient. Inflation will remain high for some time, and if inflation stagnates or rebounds, they are willing to support the Federal Reserve in resuming interest rate hikes.

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