(Reuters) - The Federal Reserve will likely need to raise interest rates further to bring down inflation, Bowman said she supported the Fed's quarter-point increase in interest rates last month, given still-high inflation, strong
consumer spending, a rebound in the housing market and a labor market that is helping to feed higher prices.
"I also expect that additional rate increases will likely be needed to get inflation on a path down to the FOMC's 2 percent target,