Fed Governor Bowman is hawkish: If inflation stagnates or rebounds, future interest rate hikes are imminent
With global financial markets closely watching the Fed's monetary policy trends, Fed Governor Michelle Bowman recently made a striking statement. According to Jinshi Data, Bowman made it clear when talking about the current inflation situation that although his basic view is that inflation will fall further and the policy interest rate will remain stable, once the data shows that inflation progress has stagnated or reversed, he did not hesitate to express his willingness to consider raising interest rates at future meetings.
This statement undoubtedly brought new shocks to the market. At a time when the inflation problem is still severe, the Fed's monetary policy trends affect the nerves of the global economy. Bowman's remarks undoubtedly poured cold water on investors who expect the Fed to continue to maintain an accommodative monetary policy.
As one of the important officials of the Fed, Bowman's remarks are naturally authoritative and influential. His statement this time not only shows his deep understanding and high attention to the inflation problem, but also reflects his careful consideration of the direction of the Fed's monetary policy.
It is worth noting that Bowman's remarks are not groundless. Recently released US inflation data show that although the overall inflation level has declined, the core inflation rate remains high. This means that even if the overall inflation rate falls, inflationary pressure still exists, and the Fed needs to remain vigilant.
In addition, Bowman also emphasized the importance of data. He said that he would pay close attention to the upcoming economic data to assess the inflation situation and policy effects. This statement also shows the data dependence and scientific nature of the Fed's monetary policy decision-making.
In general, Bowman's statement has brought new uncertainties to the market. Although his basic view is that inflation will fall further and the policy interest rate will remain stable, he is ready to take action once the data changes unfavorably. This also reminds investors that in the current market environment, they need to remain vigilant and rational and pay close attention to the Fed's monetary policy trends and changes in economic data.
