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Fed's Michelle Bowman Pushes Back Against Potential Interest Rate Hikes Amid Inflation Spike
Summary by IBTimes
5 Articles
5 Articles
Director considers it appropriate to keep interest rates unchanged and to preserve the bias of flexibility in the communication of the last monetary policy decision
Fed's Bowman willing to look through war-driven inflation bump
Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that she believes price growth is still heading toward the central bank's 2% target when factoring out one-time shocks such as tariffs and elevated oil prices.
Coverage Details
Total News Sources5
Leaning Left1Leaning Right1Center1Last Updated34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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