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Bowman: Opening Remarks
Thank you, President Mester. It is really a pleasure to be here in Cleveland to join you for this Fed Listens event. I'm especially pleased to be a part of today's discussions about how the economy continues to evolve in the post-pandemic environment.1 I find that I learn the most valuable information about economic conditions from those who are actually on the ground and working directly in the economy, so I am really looking forward to hearing from today's panelists to learn from their experiences and perspectives. As those of you here today know, the Federal Open Market Committee (FOMC) met last week to discuss ... (full story)
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FED'S BOWMAN: FURTHER POLICY RATE INCREASES WILL BE REQUIRED TO ACHIEVE SUFFICIENTLY RESTRICTIVE LEVEL AND CONTROL INFLATION.
— Breaking Market News (@financialjuice) June 22, 2023
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Fed's Bowman:
— DailyFX Team Live (@DailyFXTeam) June 22, 2023
- We will look for inflation on a consistent downward path in deciding appropriate policy steps at coming meetings
-A level of inflation is still unacceptably high
- I want to see signs inflation is on a consistent downward path.