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Bowman: Welcoming Remarks
Thank you, President Bostic.1 When the Board began the Fed Listens initiative, our purpose was to engage directly with the public to discuss issues related to our monetary policy decision-making framework and our efforts to pursue the congressionally-mandated monetary policy goals of price stability and maximum employment. Since that time, and as a recognition of the importance of engaging with people across the country from a wide range of geographies and perspectives, we broadened the scope to become an ongoing process of consultation with the public. Through Fed Listens and other Board and System convenings, we ... (full story)
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FED'S BOWMAN: I EXPECT ADDITIONAL RATE INCREASES WILL LIKELY BE NEEDED TO LOWER INFLATION TO OUR TARGET.
— Breaking Market News (@financialjuice) August 7, 2023
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FED'S BOWMAN: INFLATION IS STILL SIGNIFICANTLY ABOVE 2% TARGET, LABOR MARKET CONTINUES TO BE TIGHT.
— Breaking Market News (@financialjuice) August 7, 2023
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