Fed's Bowman: We haven't seen much progress on inflation yet this year.
Federal Reserve's Bowman: Economic activity in the U.S. may have slowed, but spending on consumer services is strong and business investment has strengthened.
Fed's Bowman: Progress on rebalancing the labor market has slowed.
Fed's Bowman: Focusing on issues like climate change could distract management and banking supervisors.
Fed's Bowman: My basic view is that inflation will fall further if the policy rate remains steady, but I also see risks.
Fed's Bowman: I will remain cautious on decisions on rate changes, prepared to raise interest rates if inflation progress stagnates or reverses......
Fed's Bowman: Inflation will stay high for a while.