Michelle Bowman, Speech: The Outlook for Inflation and Monetary Policy

“I strongly supported the FOMC’s decision last week, and I expect to support additional rate increases until we see significant progress toward bringing inflation down. Based on current inflation readings, I expect that an additional rate increase of 75 basis points will be appropriate at our next meeting as well as increases of at least 50 basis points in the next few subsequent meetings, as long as the incoming data support them.”