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TechFlow news, on December 6, according to Cailian Press, Federal Reserve Governor Bowman stated that inflation remains the primary priority in decision-making. She favors a cautious and gradual approach to lowering interest rates, warning that cutting policy rates too quickly could reignite inflation. Inflation is still above the Fed's 2% target, and upside risks to inflation remain significant.
According to Cailian Press, Federal Reserve Governor Bowman stated that inflation remains the primary priority in decision-making. She leans toward a cautious and gradual approach to lowering interest rates, warning that cutting policy rates too quickly could reignite inflation. Inflation is still above the Fed's 2% target, and upside risks to inflation remain significant.
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