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TechFlow News, March 4: According to JIN10 Data, Federal Reserve Board Governor Michelle Bowman stated that a 1-percentage-point interest rate cut this year is appropriate. She expressed hope to continue cutting rates by 25 basis points per meeting until the Fed’s policy rate reaches a neutral level, at which point a reassessment will be conducted.
According to JIN10 Data, Fed Governor Michelle Bowman stated that a 1-percentage-point interest rate cut this year is appropriate. She expressed hope to continue cutting rates by 25 basis points per meeting until the Fed’s policy rate reaches a neutral level, at which point a reassessment would be conducted.
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