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Federal Reserve Governor Michelle Bowman said inflation will likely remain elevated for “some time,” but added she still anticipates price gains will eventually cool with interest rates held at current levels. Bowman, the first Fed official to speak since Chair Jerome Powell’s remarks Wednesday, said recent inflation data suggest the low readings seen at ...
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post: Fed’s Goolsbee: 175,000 New Jobs is a Very Solid Report - Bloomberg TV post: *GOOLSBEE: NEED TO TAKE A STEP BACK, SEE WHAT INFLATION BUMP IS post: Goolsbee: Hit a Bump on Inflation at the Start of the Year post: Goolsbee: the More Jobs Report That Look Like They Did Pre-Covid the More Confidence There’s That the Economy is Not Overheating post: *GOOLSBEE: DON'T WANT TO COMMIT TO TYING OUR HANDS ABOUT RATES
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