May 3, 2024, 1:52 PM
Apr 30, 2024, 11:33 PM
Fed's Bowman warns of persistent inflation risks despite current policy stance
- Fed's Bowman supports current policy stance but remains cautious about inflation risks.
- She expects inflation to stay elevated for a while and highlights factors that could hinder it from reaching the Fed's target.
- The Fed faces a delicate balance between managing inflation and promoting economic growth.
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