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

CoinVoice recently learned that on October 7, Federal Reserve Governor Bowman said that it would be appropriate to further raise interest rates and keep them at a restrictive level for a period of time. 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. (Jinshi) [Original link]