Federal Reserve Governor Bowman: I don't think it's appropriate to cut interest rates in the near future

Breakings ·  02/12 23:03

Federal Reserve Governor Bowman said that the Federal Reserve still faces many risks in fighting inflation; it is too early to predict when the Fed will cut interest rates and the extent of interest rate cuts; he does not think it is appropriate to cut interest rates “in the near future”; as far as the present is concerned, the Fed's policy interest rate is “in a reasonable state.”

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