[Fed's Bowman: May Support December Rate Hike, Warns Poor AI Returns Could Trigger Stock Market Correction] According to Bloomberg, Federal Reserve Governor Bowman stated in a speech to the Council on Foreign Relations on Tuesday that, given persistently high inflation, she is likely to support a rate hike at the final policy meeting of the year next month. Bowman noted that there are signs that inflationary pressures remain, and the labor market appears to be strengthening; more effort will be needed to bring inflation down to around 2%. She also warned that if returns on artificial intelligence investments fall short of expectations, coupled with a sharp rise in long-term private interest rates, it could lead to a significant correction in stock valuations, and a decline in stock prices could weaken the resilience of consumer spending.