Fed official leaves door open to larger rate increase in March – Fox Business

Federal Reserve governor Michelle Bowman said Monday she had an open mind over whether the central bank should kick off interest-rate increases next month with a larger half-percentage-point rate rise.

Ms. Bowman’s comments follow remarks at the end of last week by two of the most senior Fed officials that pushed back against the prospect of a larger rate rise at their next meeting, March 15-16.

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