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A bunch of fake news and fake articles, I don’t know what the intentions are The following is the true translation $BTC $ETH
Federal Reserve Governor Michelle Bowman said on Tuesday (25th) that now is not the time to start cutting interest rates, adding that she is open to raising interest rates if inflation does not fall back. "If incoming data show that inflation continues to move toward our 2 percent goal, then it will ultimately be appropriate to gradually lower the federal funds rate to prevent monetary policy from becoming overly restrictive," Bowman said in a written transcript of the speech in London. However, we are not yet at the point where we can appropriately lower policy rates." The comments reflected the general sentiment at the Fed, where most policymakers have said in recent weeks that while they still expect inflation to return to the Fed's 2% target, they need more evidence. Recent data shows inflation is benign, with the Fed's preferred indicator just under 3%. However, the rate-setting Federal Open Market Committee (FOMC) noted only "modest further progress" after its last meeting. Bowman, one of the most hawkish of all policymakers, said there were "many upside risks" that could accelerate her forecasts. “If progress is made in stalling or even reversing inflation, I remain willing to increase the target range for the federal funds rate at future meetings,” she said. “Given the risks and uncertainties in the economic outlook, I am considering changes to the policy stance going forward.” Will remain cautious." The U.S. Commerce Department will release the May Personal Consumption Expenditures (PCE) price index on Friday (28th), which is the Federal Reserve’s preferred inflation indicator. Economists polled by Dow Jones expected both 12-month headline and core inflation to be 2.6%. While that would be a decrease from April, Bowman said she still expects the Fed to keep its key overnight borrowing rate in a range of 5.25%-5.5% "for some time." Additionally, she said she was not affected by interest rate cuts from peers such as the European Central Bank, which recently cut its key rate by a quarter of a percentage point. "In the coming months, the path of U.S. monetary policy may differ from that of other developed economies," Bowman said.」