The Hawk's Hawk – Fed's Bowman Keeps Pressure On, Remains Willing to Hike If Needed

Bowman showing her hawkish colors again. No surprise there. The reason this is important is that I still firmly believe that Powell cannot begin an interest rate cutting cycle in an election year without unanimous consent. Would be seen as too political for a Fed chair that…

— Craig Shapiro (@ces921) May 3, 2024