Fed Governor Bowman: It is not appropriate to cut interest rates now

2024/06/28 04:28

Odaily News Federal Reserve Board Governor Bowman said that it is not appropriate to cut interest rates now; if inflation moves towards 2%, interest rate cuts may be considered; if inflation does not slow down, I am still willing to raise interest rates again; I will remain cautious when weighing future changes in the Federal Reserves interest rates; monetary policy is currently restrictive; upside risks to inflation still exist; and it is expected that the inflation rate will only fall moderately this year.

Latest news
05:33
ETH breaks through 1600 USDT, up 0.89% in 24 hours
03:41
Canary submits Staked TRX ETF application
03:06
Multiple Meme coins suddenly crashed, suspected whales or groups were liquidated
01:04
币安将上线BANKUSDT永续合约,支持50倍杠杆
00:24
OM CEO: Details of the destruction plan will be announced soon, and the buyback is still in progress
Recommended Reading