According to Odaily, Federal Reserve Board Member Bowman has stated that it is not yet appropriate to lower interest rates. He suggested that if inflation trends towards 2%, a rate cut might be considered. However, if inflation does not slow down, he is still willing to raise interest rates again.
Bowman emphasized the need for caution when considering future changes to the Federal Reserve's interest rates. He noted that current monetary policy is restrictive and that there is still a risk of inflation rising. He also predicted that the inflation rate will only moderately decrease this year.