"We want to hear how inflation, along with the higher interest rates needed to bring inflation down, is affecting you and your communities," Bowman said in remarks prepared for delivery at the start of a "Fed Listens" event in Odessa, Texas convened to elicit stories about how everyday lives are impacted by Fed policy. "These conversations provide important context to the economic data that we consider, and they help guide our thinking about how we can best achieve stability and support for the economic well-being of all Americans."
The Fed has raised interest rates sharply over the past year, and recently has signaled it may stop raising rates soon but leave them high for a while to keep pushing down on inflation. Bowman did not make any specific comments on her view of the appropriate rate path in her brief remarks.
The Fed's next policy-setting meeting is May 2-3.
(Reporting by Ann Saphir; Editing by Andrea Ricci)
