Option Millionaires

[uranium-pinto-beans]

Fed's Bowman repeated her baseline view that "inflation will decline further"
Fed's Bowman repeated her baseline view that "inflation will decline further" given the current restrictive policy stance, in her brief comments. But she still sees "a number of upside inflation risks," including strong consumer demand for services, continued tight labor markets, and increased immigration. Additionally, the looser economic conditions since late last year and more fiscal stimulus could further support demand, either stalling further progress on inflation or causing it to pick up. And she expects inflation will remain elevated for "some time." Also she repeated that she is willing to hike rates again if necessary.