Fed’s Bowman Says More Work Needed to Bring Inflation Near 2%
Federal Reserve Governor Michelle Bowman said persistent price pressures and firming labor-market conditions mean more work is needed to bring inflation closer to 2%.
By Jessica CoacciFederal Reserve governor Michelle Bowman said there is still work to do to bring inflation closer to 2% as price pressures persist and labor market conditions appear to be firming.Delivering remarks in Washington, D.C., on Tuesday, Bowman said the recently released consumer price i…