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Fed's Bowman: Looking for compelling signs inflation has peaked

Fed's Bowman: Looking for compelling signs  inflation has peaked
  • Inflation much too high, committed to taking further action to bring it back down
  • Household balance sheets have remained strong, with low debt levels
  • When sufficiently-restrictive level of rates is reached, Fed needs to hold policy there 'for some time'

This is very much in line with recent Fed commentary.

This article was written by Adam Button at www.forexlive.com... Read More
Posted: Jan 10 2023, 17:03
Author Name: forexlive
Views: 102113

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