More rate hikes ‘likely’ needed to lower inflation: Fed official
A US central bank official said Saturday that more interest rate hikes “will likely be needed” to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001. Federal Reserve governor Michelle Bowman’s prepared remarks to an event in Colorado also came after a mixed employment report on Friday showing that […]
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A US central bank official said Saturday that more interest rate hikes “will likely be needed” to bring inflation down further, shortly after policymakers lifted rates to the highest level since 2001. Federal Reserve governor Michelle Bowman’s prepared remarks to an event in Colorado also came after a mixed employment report on Friday showing that […]

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