TechFlow news, December 22 — Federal Reserve Governor Michelle Bowman stated that as recent monetary policy adjustments have progressed, the necessity she previously advocated for a 50-basis-point rate cut has somewhat diminished. Bowman noted that recent inflation data showed some anomalies, partly related to the government shutdown. These abnormal signals suggest that the Fed's policy stance should shift toward a more accommodative direction. She emphasized that she currently does not see a risk of the economy falling into recession in the short term, but believes the neutral interest rate level has clearly shifted downward, and monetary policy must reflect this structural change. If the policy rate fails to continue easing toward the new neutral level, it could instead increase the risk of an economic recession. Additionally, regarding her own term, Bowman candidly admitted uncertainty about whether she will remain in office. She said: "If no successor has been confirmed by the end of January, I will assume I will continue serving." (Jin Jinshi)
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