![Fed's Bowman](https://images.forexlive.com/images/Fed%27s%20Bowman_id_6030c8f3-6b82-4044-b2bf-93f402fd4056_original.jpg)
Fed's Bowman
- Fed funds rate currently appears restrictive, financial conditions have tightened since Sept
- Some tightening is due to long end, which can be volatile
- Don't yet know effects of tightened financial conditions on economic activity
- I remain willing to support raising policy rate at future meeting
- Inflation remains high
- Labor market supply and demand may be coming into better balance
The hawks are out today.