{"id":100850,"date":"2024-05-03T20:21:00","date_gmt":"2024-05-03T16:21:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=100850"},"modified":"2024-05-03T21:47:01","modified_gmt":"2024-05-03T17:47:01","slug":"feds-bowman-willing-to-raise-rates-if-inflation-persists","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/feds-bowman-willing-to-raise-rates-if-inflation-persists\/05\/03\/market-updates\/","title":{"rendered":"Fed&#8217;s Bowman:  Willing to raise rates if inflation persists"},"content":{"rendered":"\n<p>Michelle W. Bowman, a member of the Federal Reserve Board of Governors, issued a warning, stating that there is a serious chance that inflation may stay high for a lot longer than most people think. Fed Board member Bowman gave a lecture at the Massachusetts Bankers Association Annual Convention in Key Biscayne outlining a significantly more conservative approach to the Fed&#8217;s current inflation outlook.<br><br><strong>Key Quotes:<br><\/strong><br>It remains unclear whether further supply-side improvements will continue to lower inflation.<br><br>Monetary policy appears to be restrictive.<br><br>Bowman sees several upside inflation risks in outlook.<br><br>Continues to hold that inflation should slowly move lower as long as policy holds.<br><br>Remains willing to raise rates further if data shows inflation progress has stalled or reversed.<br><br>Expects inflation to remain elevated for some time.<br><br>The extent of data revisions in the past few years makes assessing the economy even more challenging.<br><br>Geopolitical developments remain a key upside risk to inflation.<br><br>Too-loose financial conditions remains a risk, fiscal stimulus could drive demand higher, stalling or even reversing inflation progress.<br><br>There remains a high risk that consumer, more immigration, and tight labor market conditions could lead to persistently high inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michelle W. Bowman, a member of the Federal Reserve Board of Governors, issued a warning, stating that there is a serious chance that inflation may stay high for a lot longer than most people think. Fed Board member Bowman gave a lecture at the Massachusetts Bankers Association Annual Convention in Key Biscayne outlining a significantly &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,6987,8635],"class_list":["post-100850","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-inflation","tag-interest-rate-policy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=100850"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100850\/revisions"}],"predecessor-version":[{"id":100860,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/100850\/revisions\/100860"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53116"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=100850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=100850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=100850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}