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FED'S BOWMAN SAYS ECONOMIC GROWTH GAINED MOMENTUM THIS YEAR AND THAT CPI DATA SUGGESTS INFLATION PRESSURES MAY PERSIST
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Fed Governor Michelle Bowman said U.S. economic growth gained momentum this year and that recent CPI data indicate inflation pressures may persist. The remarks signal the central bank remains attentive to sticky price growth even as activity strengthens. Traders will watch upcoming inflation prints and Fed communications for clues on the rate path.
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Federal Reserve, Michelle Bowman, CPI