Fed’s Waller says economy may be slowing enough to tame inflation. Fed’s Bowman not convinced.

A pair of Federal Reserve governors said recent signs of a slowdown in the economy could help return inflation to the central bank’s 2% target, but they appeared split on whether interest rates are high enough to do the job.

The economy appears to have softened toward the end of the year in a manner that could push the rate of inflation lower, Fed Gov. Chris Waller said Tuesday in a speech in Washington, D.C.

Still,…