According to golden financial news, Federal Reserve Board Governor Bowman recently said that it may be wise to raise interest rates in a timely manner and maintain them at restrictive levels. Current inflation levels remain high, and frequent revisions to recent data have made it more difficult to forecast economic development. Given the current state of monetary policy constraints, inflationary progress is expected to be slow. If the data shows that inflation is stalling or returning to 2% too slowly, Bowman said he is still willing to support an interest rate increase at a future meeting.

In addition, Bowman believes that regulators may have "over-intervention" in bank supervision and should reexamine whether this approach is appropriate.