Fed's Bowman Says More Policy-Rate Increases Needed

The video discusses the federal funds rate and its role in controlling inflation. It highlights the impact of inflation on low-income communities and the need for additional policy rate increases to achieve a restrictive monetary stance. The speaker emphasizes monitoring economic data to guide future monetary policy decisions.

What has been the trend of core inflation since the fall of 2022 according to the text?

What signs is the speaker looking for to consider appropriate monetary policy?