【Federal Reserve Governor Bowman: Progress towards achieving the inflation target seems to have stalled】Golden Finance reports that Federal Reserve Governor Bowman expressed unease on Wednesday about lowering interest rates while inflation remains above the 2% target, adding more nuance to her cautious call for further rate cuts. "We are recalibrating policy, but we have not yet achieved the inflation target, which concerns me," she said. Bowman noted that, due to persistently high inflation, the Fed's progress towards the 2% target seems to have stalled, "I tend to cautiously lower the policy rate to better assess how far we are from the finish line, while recognizing that we have not yet achieved the inflation target and closely monitoring the evolution of the labor market." She believes that the neutral policy rate is much higher than before the COVID-19 pandemic, and the Fed is not constrained in lowering rates again as the market currently expects. She also stated that the greater risk facing the Fed is the price stability target, although a deterioration in labor conditions is also possible.