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Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike

Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.

1 report1 sourceMay 29, 2026, 4:39 PM
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CNBCMay 29, 2026, 4:39 PM

Fed Governor Michelle Bowman warns against hiking interest rates because of inflation spike

Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.

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