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More Interest Rate Increases Are Needed to Tame Inflation, Fed s Bowman Says

(Bloomberg) Federal Reserve Governor Michelle Bowman said the US central bank needs to raise interest rates further to bring down inflation, adding her voice to the policymakers who want to resume hiking after taking a break from their tightening campaign last week.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowModi Meets With Elon Musk and Ray Dalio as Global Money Flocks to IndiaThese Are the World’s Most (and Least) Liveable Cities in 2023China Says Biden C

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