Fed Governor Bowman: It is appropriate to raise interest rates further and keep them at restrictive levels for some time

深潮 TechFlow · 2023-10-07T15:13:05.000Z

Shenzhen TechFlow news, according to Golden Ten Data, Federal Reserve Governor Bowman said that it is appropriate to further raise interest rates and maintain them at restrictive levels for a period of time. The latest U.S. jobs report showed solid job growth in the labor market. The frequency and scope of recent data revisions have added to the complexity of economic forecasts. Inflation progress is likely to be slow, suggesting the need for further policy tightening.

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深潮 TechFlow

According to TechFlow, according to Jinshi Data, Federal Reserve Governor Bowman said that it would be appropriate to further raise interest rates and keep them at restrictive levels for a while. The recent US employment report showed solid employment growth in the labor market. The frequency and range of recent data revisions have increased the complexity of economic forecasts. Inflation progress may be slow, which means further policy tightening is needed.

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