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: Rate hikes
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Fed Official Expects Multiple Rate Hikes for Inflation Control
Federal Reserve Governor Michelle Bowman emphasizes the need for multiple rate hikes to effectively control inflation and achieve the target rate of 2%. Her stance reflects her belief in the necessity of taking decisive actions to combat inflation and ensure a sustainable and timely return to the desired inflation level.