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TechFlow news, according to Jinshi Data, on June 25 Federal Reserve Governor Bowman stated that it is not yet the right time for rate cuts. Bowman noted that the baseline outlook remains for inflation to return to 2% as the policy rate holds unchanged for "some time." If progress in bringing down inflation stalls or reverses, she would be willing to support rate hikes at future meetings.
According to Jinshi Data, on June 25, Federal Reserve Governor Bowman stated that it is not yet the appropriate time to cut interest rates. Bowman noted that the baseline outlook remains for inflation to return to 2% as the policy rate holds steady for "some time." If progress in bringing down inflation stalls or reverses, she would be willing to support rate hikes at future meetings.
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