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Fed's Bowman repeats that she expects additional rate increases

Will be looking for evidence that inflation is on a 'consistent and meaningful' downward path in making decisionsInflation still significantly above 2% targetBowman laid out similar comments on the weekend with the focus being on the plural for rate increases. The market is only pricing in about a 40% chance of a single further rate hike.Bowman is consistently hawkish so none of this is a surprise. This article was written by Adam Button at www.forexlive.com... Read More

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Posted: Aug 7 2023, 12:32

Author Name: forexlive

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