Bowman defies the trend and advocates for interest rate cuts; analysts say his future could be crucial.
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According to ME News, on January 17 (UTC+8), analyst Adam Button stated, "It was initially thought that Bowman might return to a hawkish stance after her failed bid for Fed Chair, but she has held firm. Her views on 'moderate restraint' contradict the consensus of most Fed members, who believe that current policy is either in a neutral range or very close. Her voice will become very important over time, as there could be close votes, and she could easily revert to a hawkish stance if prices rebound." (Source: ME)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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