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Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike
Fed Governor Michelle Bowman warned against increasing interest rates in response to a recent inflation surge, which is primarily driven by energy prices and tariffs. She argued that such reactions have proven ineffective.
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- Bank of England warns ‘higher inflation is unavoidable’ after leaving interest rates on hold
- Fed’s Goolsbee Sees Iran War Possibly Delaying Rate Cuts
- Bank of England does not need to hike interest rates, says IMF — it may even need to cut
- Fed Minutes Show More Officials Warned of Rate-Hike Scenario
- ECB’s Muller Sees ‘Good Case’ for June Hike on Energy Surge