Fed's Bowman: Upward price pressures may ease as bottlenecks resolved

Comments from Michelle Bowman

Michelle Bowman
  • There are 10 million people still without jobs
  • Will monitor inflation 'closely' and adjust as needed
  • Inflation has risen and will likely increase further
  • Economy likely surpassed pre-pandemic peak
  • Supply chain bottlenecks could take some time to ease

It's important to note that she's not sounding alarms but urging people to look through bottlenecks.

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