A top Federal Reserve official has backed more interest rate rises if inflation sticks at its current level, saying immigration and aggressive fiscal stimulus are likely to keep US prices rising more quickly than in other rich economies.
Michelle Bowman, one of the Fed’s governors and a voter on its rate-setting Federal Open Market Committee, said she remained “willing to raise” borrowing costs again “should progress on inflation stall or even reverse”.
Bowman’s remarks came in a speech on Tuesday in London, and point to the debate within the Fed about whether the bank can begin cutting interest rates this year, or at all before November’s presidential election.
您已阅读18%（671字），剩余82%（3029字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。