Federal Reserve Governor Favors More Rate Hikes
Bowman’s support for more rate hikes, her divergence from other Fed officials, and the reasons behind the necessity of these hikes to quash inflation.
Tag: Governor
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Federal Reserve Governor Michelle Bowman Favors Raising Interest Rates
Federal Reserve Governor Michelle Bowman supports raising interest rates to combat inflation. Her stance aligns with projections that inflation will remain above 2% until at least 2025. Bowman’s advocacy for multiple rate hikes demonstrates a proactive approach towards achieving price stability.