
Fed's Bowman Cautions Against Rate Hikes Amid Inflation Concerns
Federal Reserve Governor Michelle Bowman expressed support for an 'easing bias' and warned against raising interest rates, citing core inflation running slightly above 2%.
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Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.
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