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Fed Governor Bowman: Willing to support restarting rate hikes if inflation stagnates or rebounds

2024-05-17 16:46
Odaily News Federal Reserve Board member Bowman said that the progress of labor market rebalancing has slowed down, the policy is restrictive, and it is being monitored whether it is sufficient. Inflation will remain high for some time. If inflation stagnates or rebounds, he is willing to support the Fed to restart interest rate hikes. (Jinshi)