Kansas Gov. Laura Kelly signed four bipartisan bills, including measures tied to first-time homebuyers and insurance for people on the autism spectrum.
The US Federal Reserve should keep considering large interest rate hikes, similar to the 75 basis-point rise approved last month, until inflation meaningfully declines, Fed Governor Michelle Bowman said.
“My view is that similarly sized increases should be on the table until we see inflation declining in a consistent, meaningful, and lasting way,” Bowman said on Saturday in remarks prepared for an event organized by the Kansas Bankers Association.
Bowman added that she supports last month’s rate increase, and backs the move away from offering specific forward guidance at news conferences following policy meetings.
Policymakers lifted rates by 75 basis points last month