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Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ – Economics Bitcoin News

Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel, and vehicles.” The Fed governor also noted that crypto

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