Top-Level FED Member Bowman Makes Critical Statements on Interest Rates and the US Economy

FED member Michelle Bowman made a speech about interest rate policy and the US economy in her statements. FED member Michelle Bowman said in her assessments of monetary policy that the neutral interest rate is higher than before the pandemic. Bowman argued that the Fed's inflation is within its target range, but that risks to the labor market outweigh the risks.