Fed Governor Bowman: If inflation continues to slow, rate cuts would be appropriate

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ODAILY
08-21
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Odaily Odaily News: Federal Reserve Board Governor Bowman said that some progress has been made in reducing inflation recently, but the inflation level is still disturbingly higher than the 2% target set by the committee, and he still believes that there are upside risks to inflation. If inflation continues to slow, it would be appropriate to cut interest rates. (Jinshi)

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