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    Fed's Bowman Says More Rate Hikes Needed to Ensure 'Timely' Inflation Control

    The U.S. central bank needs to raise interest rates further to control inflation in a "timely way," Federal Reserve Governor Michelle Bowman said in remarks that sketched out a hawkish argument based on a potential rise in energy prices and a possibility the inflation battle may take years to complete.


     

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    JPMorgan's Malek Sees Oil Normalizing Towards $100/Bbl
    JPMorgan Head of EMEA Energy Equity Research Christyan Malek says the reduction in spare capacity and rising production costs are behind his firm's bullish call for crude oil. "We've looked at historic analysis and $100 oil is not that expensive," he says on "Bloomberg Surveillance."
    Sep 22, 2023

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