Federal Reserve Board Governor Bowman: It is not appropriate to cut interest rates at this time, and the policy interest rate will remain unchanged

According to TechFlow, according to Jinshi Data, on June 25, Federal Reserve Board member Bowman said that it is not yet the right time to cut interest rates. Bowman pointed out that the basic outlook is still that the inflation rate will return to 2% as the policy interest rate remains unchanged for "some time". If the progress of inflation decline stagnates or reverses, he is willing to support rate hikes at future meetings.