Fed Governor Bowman: Still willing to raise interest rates at future meetings

Federal Reserve Board Governor Bowman said that the basic view remains that inflation will fall further and the policy interest rate will remain stable. If the data shows that inflation progress has stagnated or reversed, it is still willing to raise interest rates at future meetings. The outlook faces many upside risks to inflation and will continue to pay close attention to data to assess appropriate monetary policy. The Federal Reserve's monetary policy stance seems to be contractionary, and it is unclear whether further supply-side improvements will continue to reduce inflation. (Jinshi)