Fed's Bowman: Will likely be appropriate to raise rates further

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Fed's Bowman: Will likely be appropriate to raise rates further
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It will likely be appropriate to raise the policy rate further and hold it at restrictive levels for some time, Federal Reserve Governor Michelle Bowm

It will likely be appropriate to raise the policy rate further and hold it at restrictive levels for some time, Federal Reserve Governor Michelle Bowman said on Monday, as reported by Reuters.

"Frequency and scope of recent data revisions complicates task of projecting how economy will evolve." If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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