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Fed Official Leaves Door Open to Larger Rate Increase in March
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Federal Reserve governor Michelle Bowman said Monday she had an open mind over whether the central bank should kick off interest-rate increases next month with a larger half-percentage-point rate rise.
Ms. Bowman’s comments follow remarks at the end of last week by two of the most senior Fed officials that pushed back against the prospect of a larger rate rise at their next meeting, March 15-16.
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